Brief: Kingsoft Corp Says Kingsoft Cloud Entered Share Purchase Agreement
16/12/2019 10:12
Dec 16 (Reuters) - Kingsoft Corp Ltd 3888.HK :
* KINGSOFT CLOUD GROUP ENTERED INTO A SHARE PURCHASE
AGREEMENT
* KINGSOFT CLOUD TO ISSUE 22 MILLION SERIES D+ PREFERRED
CONVERTIBLE SHARES WITH PAR VALUE OF US$0.001 PER SHARE
* CCBI INVESTOR TO SUBSCRIBE FOR 22 MILLION SERIES D+
PREFERRED
SHARES FOR A CONSIDERATION OF US$20 MILLION
Source text for Eikon: urn:newsml:reuters.com:*:nHKS4TqSdp
Further company coverage: 3888.HK
((Reuters.Briefs@thomsonreuters.com;))
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