Media Technology Company Terminates Disclosed Share Purchase Agreement

On July 3, 2024, AirNet Technology Inc. (“AirNet” or the “Company”), a player in the media and technology sector, publicly announced the termination of a previously disclosed share purchase agreement. This agreement, originally dated June 27, 2024, was between AirNet and Capital Vista Ltd. The related registered direct offering involved the issuance of 4,000,000 ordinary shares of the Company, each with a par value of US$0.04 per share. The mutual decision to terminate this agreement marks a event for both parties and raises important considerations for the company’s future strategies and financial planning. $AirNet Technology(ANTE.US)$