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.
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