Maase Inc. Announces Acquisition of Carve Group Ltd in $1.5 Billion Stock Deal

Reuters
07-29
Maase Inc. Announces Acquisition of Carve Group Ltd in $1.5 Billion Stock Deal

Maase Inc. $(MAAS)$ has announced that it has entered into a transaction agreement to acquire 100% of the equity interest in Carve Group Ltd. The acquisition involves issuing 195,894,609 Class A ordinary shares of Maase Inc. at a price of $1.5 per share. As part of the agreement, existing shareholders Golden Brighter Limited, WJ Management Limited, and Union Chief Limited, who collectively own the Target Company, will undergo a series of restructuring and reorganization arrangements. The transaction has received board approval from Maase Inc., and completion is anticipated to occur in the Guangxi Free Trade Zone. Glyken Bird Nest Technology and Zhongshen Resources Development will become wholly owned subsidiaries of Shenzhen Hillstar Management Consulting Co., Ltd. upon reorganization, ultimately being indirectly owned by the Target Company.

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. Maase 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: 0001213900-25-068401), on July 29, 2025, and is solely responsible for the information contained therein.

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