Planetree International Announces Update on Warpdrive Technology Acquisition with Issuance of Consideration Shares

Reuters

Jun 09

Planetree International Announces Update on Warpdrive Technology Acquisition with Issuance of Consideration Shares

Planetree International Development Limited has released a supplemental announcement regarding its acquisition of Warpdrive Technology Limited. The transaction involves the issuance of 15,000,000 Consideration Shares valued at HK$7,500,000. The Board of Planetree has evaluated the terms and deemed the consideration to be fair and reasonable, aligning with the best interests of the company and its shareholders. The long stop date for the fulfilment of the Sale and Purchase Agreement remains unchanged as 8 July 2025. Further details about the proposed sales agency agreement involving Zhejiang Warpdrive will be announced in due course.

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. Planetree International Development Ltd. published the original content used to generate this news brief on June 09, 2025, and is solely responsible for the information contained therein.

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.

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Planetree International Development Ltd. published the or","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00613":"梧桐国际","BK1147":"投资银行业与经纪业"},"translate_title":"Planetree International宣布发行对价股收购Warpdrive Technology的最新消息","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00613":0.9},"content_text":"Planetree International Announces Update on Warpdrive Technology Acquisition with Issuance of Consideration Shares\n    \n\n        Planetree International Development Limited has released a supplemental announcement regarding its acquisition of Warpdrive Technology Limited. The transaction involves the issuance of 15,000,000 Consideration Shares valued at HK$7,500,000. The Board of Planetree has evaluated the terms and deemed the consideration to be fair and reasonable, aligning with the best interests of the company and its shareholders. The long stop date for the fulfilment of the Sale and Purchase Agreement remains unchanged as 8 July 2025. Further details about the proposed sales agency agreement involving Zhejiang Warpdrive will be announced in due course.\n      \n\nDisclaimer: 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. 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