Geely Automobile: The board of directors is pleased to annou...
Geely Automobile: The board of directors is pleased to announce that on August 27, 2021, Jikrypton Intelligent Technology signed a share purchase agreement with five investors. Investors include Ningde Times, Bilibili related investors, and Intel Investment Company. Krypton Smart Technology agreed to issue and distribute a total of 126,470,585 Pre-A series preferred shares to these investors at a total cost of USD 500,000,000.
Geely Automobile: The share purchase agreement was introduced into among ZEEKR Intelligent Technology and five investors. Investors include CATL, Bilibili, and Intel.
ZEEKR proposed to issue and allot to investors 126.5 mln series pre-a preferred shares, total savings at $500 mln.
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102103875 : Meaning the price will go higher
patricklowck123 : so is positive?