Lates News

Lion Rock Holdings announced on the Hong Kong Stock Exchange that they have signed an investment intention agreement with the seller, through which the company intends to propose a recommended acquisition of all the issued shares of the target company as stated in the investment intention agreement. As part of the proposed acquisition, the management team and founders of the target group will provide a three-year revenue and profit guarantee. The consideration for the proposed acquisition will be paid through the issuance and distribution of new shares of the company. The target group, established in Singapore, has become a global leader in software innovation and ecosystem development for accelerating artificial intelligence, memory blockchain, decentralized finance, and stablecoin technologies, including the development and successful launch of a stablecoin platform and infrastructure.