Brief: Scienjoy to Acquire Top-tier Online Live Streaming Platform Hongle.tv and Expand NFT Business Scope
29/12/2021 12:06
Dec 29 (Reuters) - Scienjoy Holding Corp SJ.O :
* SCIENJOY TO ACQUIRE TOP-TIER ONLINE LIVE STREAMING
PLATFORM
HONGLE.TV AND EXPAND NFT BUSINESS SCOPE
* SCIENJOY HOLDING CORP - AGGREGATE DEAL CONSIDERATION IS
RMB280
MILLION (APPROXIMATELY US$43.8 MILLION)
* SCIENJOY HOLDING CORP - DEAL CONSIDERATION INCLUDES
RMB180
MILLION IN CO'S CLASS A ORDINARY SHARES AND RMB100 MILLION IN
CASH
Source text for Eikon: ID:nPnb85mZka
Further company coverage: SJ.O
((Reuters.Briefs@thomsonreuters.com;;))
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