Pheton Holdings Ltd. Announces New Advisory Services Agreement with Comane International Group for M&A Strategy
Pheton Holdings Ltd. has announced that it has entered into an Advisory Services Agreement with Comane International Group Ltd, a company based in the British Virgin Islands. Under this agreement, Comane International will provide advisory services to Pheton Holdings with a focus on mergers and acquisitions strategies and corporate development. The services will include market research, capital restructuring, transaction structuring, valuation analysis, due diligence support, and facilitating communications with government agencies for necessary approvals. The agreement is set for a term of five years, during which Comane International will receive warrants to purchase up to 4,000,000 Class A ordinary shares of Pheton Holdings, with specific conditions for exercise. The agreement can be terminated by either party with a 30-day notice.
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