Brief: The9 Says Co Signed Definitive Share Purchase Agreement To Invest In Weixiang

The9

03/06/2024 04:33

June 2 (Reuters) - The9 Ltd  NCTY.O :
    * THE9 SIGNED A DEFINITIVE SHARE PURCHASE AGREEMENT TO
INVEST IN
AI-POWERED EDUCATIONAL TECHNOLOGY COMPANY
    * THE9 WILL PAY CASH CONSIDERATION OF US$1.5 MILLION & WILL
ISSUE
284,465,400 RESTRICTED CLASS A ORDINARY TO WEIXIANG
    * SIGNED AN AGREEMENT WITH WEIXIANG TO PURCHASE 19% OF
WEIXIANG BY
CASH AND ISSUANCE OF THE9'S RESTRICTED SHARES

Source text for Eikon:  ID:nPnb7T3Nka 
Further company coverage:  NCTY.O 

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