Lion Teng Holdings (02562) announced that on October 30, 2024, the company conducted a specific purpose acquisition...
According to the announcement from Wisdom Financial APP, Lion Teng Holdings (02562) announced that on October 30, 2024, the company redeemed and cancelled 96.11 million shares of the company's stock through a special purpose acquisition.
On the same day, the company issued 0.35 billion shares of consideration shares to the shareholders of the target company in accordance with the business merger agreement, and issued 55.124 million shares of PIPE investment shares and 0.08 million shares of authorized equity financing shares in accordance with the PIPE investment agreement and placement agreement.
