BGM Group Ltd. Completes Acquisition of HM Management Company Limited, Expanding AI Portfolio

Reuters
06-26
BGM Group Ltd. Completes Acquisition of HM Management Company Limited, Expanding AI Portfolio

BGM Group Ltd has announced the successful completion of a strategic acquisition, as detailed in a recent filing. The company has acquired 100% equity interest in HM Management Company Limited, which includes Catch Group Limited and Expansion Group Limited. This acquisition was finalized with the issuance of 16,663,427 Class A ordinary shares to the existing shareholders of the target company, representing 8.31% of BGM's total issued and outstanding shares. The acquisition is intended to enhance BGM's AI application portfolio and strengthen its position in the AI industry.

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. BGM Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-062719), on June 26, 2025, and is solely responsible for the information contained therein.

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