Black Sesame International Holding Ltd. has entered into agreements to acquire a 60% equity interest in a target company through a combination of equity transfer and capital increase. The transaction involves the indirect wholly-owned subsidiary Black Sesame Wuhan and a special purpose vehicle, Black Sesame Technologies (Zhuhai) Co., Ltd., which will facilitate the acquisition. Completion of the deal is contingent upon the necessary procedural approvals, including shareholder consent and registration with market authorities. The closing will take place once all conditions are met and the change of market entity registration is completed.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Black Sesame International Holding Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251231-11973892), on December 31, 2025, and is solely responsible for the information contained therein.
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