Why NAMI rose 25.4% on Sep 16 2026: share-based acquisition
NAMI+25.4%on Wed Sep 16 2026
Jinxin Technology Holding Company American Depositary Shares was up 25.4% on the day at $2.86, ranked #2 on 109× its usual five-minute volume, when TapeRank recorded this spike at 04:03 ET during the pre-market session. TapeRank recorded 2 events for NAMI that day, between 04:03 and 09:11 ET, and each is in the timeline below.
THE DAY ON THE LIST · 2 EVENTS
- 04:03 ETMOVER · PRE-MARKET
$2.86 · ▲ 25.4% ON THE DAY · 109× 5M RVOL · RANK #2
STRETCHEDCONFIDENCE5/5NAMI is up 33.8% after announcing the acquisition of economic interests tied to 40% of Yuanwei Network Technology for RMB14.3 million. The consideration is 284.4 million newly issued shares, vastly exceeding the stated 3.2 million share float proxy and creating substantial dilution risk, while the filing provides no operating or valuation detail to support this magnitude of move.
WHYA 33.8% pre-market jump is large relative to an acquisition with limited disclosed economics and payment entirely in shares equal to roughly 89x the 3.2 million float proxy.ANALYZED 04:01 ET · 1 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 04:03 ET
LAST2.86DAY▲ 25.4%5 MIN▼ 7.74%5M RVOL109×5M $VOL$502KFLOAT*3.2MRANK#2SESSIONPRE-MARKETVWAP3.18HOD3.20LOD2.77OR HIGH—OR LOW—PREV CLOSE2.28PM HIGH3.20PM LOW2.77GAP▲ 25.88% (indicated)* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
— MEANS THE LEVEL DID NOT EXIST YET AT THAT INSTANT, NOT ZERO
- 09:11 ETUNEXPLAINED MOVE · PRE-MARKET
$2.64 · ▲ 15.8% ON THE DAY · 40.5× 5M RVOL · RANK #2
UNEXPLAINEDNO FILINGS · RULENAMI is up 15.8% on the day on 41.6x its normal volume for this time of day. No filings or headlines were found in SEC EDGAR filings and Benzinga wire headlines in the last 24 hours, so this is order flow rather than a disclosed catalyst.
WHYNo filings or headlines within 24 hours of the move.ANALYZED 09:11 ET · <1 MIN AGO · RULE, NO MODELTHE ROW AND SESSION LEVELS AT 09:11 ET
LAST2.64DAY▲ 15.8%5 MIN▲ 2.70%5M RVOL40.5×5M $VOL$53KFLOAT*3.2MRANK#2SESSIONPRE-MARKETVWAP3.11HOD3.98LOD2.51OR HIGH—OR LOW—PREV CLOSE2.28PM HIGH3.98PM LOW2.51GAP▲ 15.77% (indicated)* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
— MEANS THE LEVEL DID NOT EXIST YET AT THAT INSTANT, NOT ZERO
THE SESSION
- 09:30 ETOpened at $2.71, +18.9% on the previous close of $2.28
- 09:44 ETRegular-session low, $2.53
- 15:23 ETRegular-session high, $3.70
- 15:59 ETLast trade of the regular session, $3.12, +36.8% on the previous close of $2.28
- Volume: 11.2M shares in regular hours, 7.6M before the open
NAMI opened at $2.71 after TapeRank tied the premarket move to the company’s agreement to acquire economic interests in 40% of Yuanwei Network Technology using 284.4 million newly issued shares, a share-based transaction that implied substantial dilution. The stock slipped to a $2.53 low by 09:44 ET, then climbed to a $3.70 high at 15:23 ET without any halts, before ending the regular session at $3.12, still above its $2.28 previous close. TapeRank later labeled the move unexplained because it found no filings or headlines within 24 hours of that move.
WRITTEN THU OCT 15 2026 17:50 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE
FILINGS AND NEWS · 24H BEFORE THE MOVE
On the tape right now
WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY
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