technology integration
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Visionary Holdings Inc. Notified by Nasdaq on Late Form 20-F Filing
Visionary Holdings Inc. received a Nasdaq notification on August 5, 2025, for non-compliance with Listing Rule 5250(c)(1) due to a delayed Form 20-F filing. Visionary submitted a compliance plan on October 6, 2025, and is working with its auditor to expedite the filing. The company is committed to Nasdaq listing. Analysts note that reporting delays can raise investor concerns, while Visionary’s tech-focused model may contribute to audit complexities. The company must address the delay to maintain investor confidence and avoid potential delisting.
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Team Managing Over $110 Million in Assets Joins Ameriprise Financial
JMOD Financial Services, managing $110M in assets, has joined Ameriprise Financial from LPL Financial. Led by Joe Kelly, Frank Del Busto, and Dave Fedrizzi, the team cites Ameriprise’s brand strength, technology, and investment platform as key factors. Ameriprise has attracted approximately 1,700 advisors in the past 5 years and offers the *Ultimate Advisor Partnership* to support advisor growth and client experience. Ameriprise offers comprehensive investment advice, asset management and insurance solutions.
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China Sees Over 70,000 Karaoke Venues Close Since 2015 as Youth Shift Away from Singing Culture
China’s KTV industry faces collapse, with over 70,000 venues closing since 2015 amid shifting consumer trends. Younger generations favor immersive experiences like escape rooms over traditional karaoke, driving an 87% annual decline in engagement per a 2023-24 report. Analysts cite venues’ failure to modernize for Gen Z’s tech-driven, social-media-oriented demands. While operators experiment with AR lyrics and AI scoring, the sector’s inability to evolve highlights broader challenges for legacy leisure businesses in China’s $1.2 trillion experience economy, where adaptability determines survival.