Brief: MingZhu Logistics To Buy Driverless Auto Technologies, Intellectual Property Portfolio Valued Between $80 Mln To $90 Mln
March 4 (Reuters) - MingZhu Logistics Holdings Ltd
YGMZ.O :
* MINGZHU LOGISTICS SIGNS NON-BINDING LETTER OF INTENT TO
ACQUIRE
DRIVERLESS AUTO TECHNOLOGIES AND INTELLECTUAL PROPERTY PORTFOLIO
VALUED BETWEEN US$80 MILLION AND US$90 MILLION
* MINGZHU LOGISTICS HOLDINGS LTD: COMPANY PLANS TO CONDUCT
FURTHER
DUE DILIGENCE ON IP PORTFOLIO AND NEGOTIATE A DEFINITIVE
AGREEMENT
* MINGZHU LOGISTICS HOLDINGS LTD: SELLERS ARE CARBONOMI
TRUST AND
CYF (BVI) LTD
* MINGZHU LOGISTICS HOLDINGS LTD - ON CLOSING DEAL, CO
PLANNING ON
EXPANDING FOCUS TO INCLUDE GENERATIVE AI LLM BASED COPILOT
SOFTWARE FOR DRIVERS
Source text for Eikon: ID:nPn6MBLZPa
Further company coverage: YGMZ.O
((Reuters.Briefs@thomsonreuters.com;))
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