Coolpad Group Ltd. Seeks Shareholder Approval for Potential Disposal of CLSK Shares

Reuters
05/22
<a href="https://laohu8.com/S/CHWTF">Coolpad Group Ltd</a>. Seeks Shareholder Approval for Potential Disposal of CLSK Shares

Coolpad Group Ltd. has announced a potential transaction involving the disposal of its holdings in CleanSpark, Inc. (CLSK), a company listed on NASDAQ. The company plans to seek shareholder approval for a Disposal Mandate at an upcoming Extraordinary General Meeting (EGM), which would allow Coolpad to sell up to 1,625,000 CLSK shares during the mandate period. The board of directors, led by CEO Chen Jiajun, is moving forward with this plan to manage its current holdings in CLSK. The company has assured that no shareholders have a material interest in this transaction, and thus, no abstentions from voting are expected at the EGM.

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. Coolpad Group Ltd. published the original content used to generate this news brief on May 22, 2025, and is solely responsible for the information contained therein.

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