Paranovus Entertainment Technology Ltd.
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- –
- Dividend yield
- –
About Paranovus Entertainment Technology
Services-Computer Processing & Data Preparation, SIC 7374
Paranovus Entertainment Technology Ltd. operates primarily through its majority-owned subsidiary, Bomie Wookoo LLC, focusing on social commerce and e-commerce enablement solutions. The company generates revenue by selling consumer merchandise, such as footwear, women's handbags, and gift items, through self-owned TikTok Shops and offline wholesale channels. Additionally, it offers e-commerce enablement services to third-party merchants, including livestream operations, influencer marketing, ad placement, and store setup. Its clientele consists of third-party merchants seeking social commerce growth, individual retail consumers on social platforms, and independent wholesale distributors and resellers.
The company conducts its active business operations entirely within the United States, maintaining operating subsidiaries in New Jersey and Texas, alongside an on-site warehouse facility in Texas. It also engages third-party warehousing services and employs 29 full-time personnel across its U.S. operations. Paranovus Entertainment Technology Ltd. maintains its principal executive offices in New York, New York, while holding its registered corporate office in Grand Cayman, Cayman Islands.
Summary of the business section of Paranovus Entertainment Technology's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Paranovus Entertainment Technology Ltd.
- Founded
- 2018
- Headquarters
- New York, NY
- Address
- 1177 6th Avenue, 5th Floor 10036
- Phone
- (917) 624-4125
- Website
- pavs.ai
- Employees
- 34, Mar 31, 2026
- Industry
- Services-Computer Processing & Data Preparation
- Incorporated in
- E9
- Fiscal year ends
- March 31
- Auditor
- Enrome LLP, Singapore
Stock & identifiers
- Ticker
- PAVS
- Exchange
- Nasdaq
- IPO date
- Oct 25, 2019
- Shares outstanding
- 0M, Mar 31, 2026
- Filer category
- Non-accelerated filer
- Stock splits
- 1-for-100 reverse, Jun 29, 2026; 1-for-12 reverse, Mar 31, 2026; 1-for-100 reverse, Dec 18, 2025; 1-for-20 reverse, Oct 11, 2022
- SEC CIK
- 1751876
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Xiaoyue Zhang | Chief Executive Officer, Director | – |
| Ling Guo | Chief Financial Officer | – |
| Minzhu Xu | Director | 4,170 |
| George Yijian Xu | Director | – |
| David Sean Lu | Director | – |
| Alexander Lightman | Director | – |
Employees
Headcount reported in annual reports
“As of March 31, 2026, we had a total of 34 full-time employees, based in the U.S and China.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 31, 2026 | Late filing | Notification of late filing |
| Jul 31, 2025 | Late filing | Notification of late filing |
| Aug 1, 2024 | Late filing | Notification of late filing |
| Feb 27, 2023 | Name change | Name changed from Happiness Development Group Ltd to Paranovus Entertainment Technology Ltd. |
| Aug 1, 2022 | Late filing | Notification of late filing |
| Oct 29, 2021 | Name change | Name changed from Happiness Biotech Group Ltd to Happiness Development Group Ltd |
| Oct 25, 2019 | IPO | Initial public offering priced (424B4 prospectus) |
| Oct 22, 2019 | Listing | Registration of securities on an exchange (Form 8-A) |