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.
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