MultiMetaVerse Holdings Limited Announces Signing of Definitive Agreement to Acquire Bowong Technology
MultiMetaVerse Holdings (NASDAQ: MMV) has signed a definitive share exchange agreement to acquire Bowong AI , which is expected to indirectly hold 100% equity interests in Bowong Technology. The deal involves MMV issuing 37,000,000 Class A ordinary shares to Bowong's shareholders. Bowong Technology specializes in AI e-commerce solutions, providing comprehensive AI technologies and services for sellers on both social and traditional e-commerce platforms. Upon completion, Bowong Cayman will become a wholly-owned subsidiary of MMV. The transaction remains subject to corporate approvals and customary closing conditions.