CAI CORP Finalizes Acquisition of Stakes in Forestheaven and EXIO
Stock News
Feb 16
CAI CORP (00080) has announced the completion of its acquisition of approximately 9.09% of the equity in Forestheaven and around 3.15% of the equity in EXIO from its controlling shareholder, Longling Capital. All conditions precedent under the Share Transfer Agreement I and Share Transfer Agreement II have been satisfied, and the transactions were completed on February 16, 2026.
Following the completion, the company now holds approximately 9.09% of Forestheaven and about 3.15% of EXIO. The target companies, Forestheaven and EXIO, will not become subsidiaries of CAI CORP, and their financial results will not be consolidated into the group's financial statements.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.