AIXI Investors Have Opportunity to Join Xiao-I Corporation Fraud Investigation with the Schall Law Firm

The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Xiao-I Corporation (“Xiao-I” or “the Company”) (NASDAQ: AIXI) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Xiao-I conducted its initial public offering (“IPO”) on March 8, 2023, selling 5.7 million American depositary shares (“ADSs”) at $6.80 per share. Since the IPO, the Company’s ADS price has fallen sharply, harming investors.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [e-mail].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240803685377/en/

at the time of publication of the news with a fall of -8,13 % to 0,540 on NYSE stock exchange (03. August 2024, 02:00 Uhr).