TROOPS Inc. Acquires 49% Stake in Vendor Company for HK$11.8 Million, Expanding Market Presence

Reuters
2025/08/21
TROOPS Inc. Acquires 49% Stake in Vendor Company for HK$11.8 Million, Expanding Market Presence

TROOPS Inc. has announced the finalization of its agreement to acquire 49% of the Sale Shares from the Vendor. According to the company, the board of directors of TROOPS has approved and authorized the execution and completion of the agreement, which involves the acquisition of the shares and the fulfillment of the obligations under the agreement. This move marks a significant step in TROOPS' strategic expansion efforts. Further details on the transaction will be furnished in a current report on Form 6-K to the SEC.

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. TROOPS Inc. 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: 0001104659-25-081194), on August 21, 2025, and is solely responsible for the information contained therein.

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