Pintec Technology Holdings Ltd. Announces Private Placement of Shares for Stake in ZIITECH Pty Ltd

Reuters

Sep 06

Pintec Technology Holdings Ltd. Announces Private Placement of Shares for Stake in ZIITECH Pty Ltd

Pintec Technology Holdings Ltd. (Nasdaq: PT), a prominent technology platform in China's financial services sector, has announced a private placement involving the exchange of Class A ordinary shares for shares of ZIITECH PTY LTD. The agreement entails the transfer of 715,521 ordinary shares of ZIITECH to Pintec in exchange for 83,726,789 Class A ordinary shares of Pintec. This transaction will result in Pintec acquiring approximately 25% of ZIITECH's total issued and outstanding shares. The completion of the transaction is subject to customary closing conditions and is expected to occur in September 2025. Following the closing, Pintec will consolidate ZIITECH's financial statements, strengthening its position in the market. The issuance of the new shares is exempt from registration under the Securities Act of 1933.

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. Pintec Technology Holdings Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN66512) on September 05, 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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Announces Private Placement of Shares for Stake in ZIITECH Pty Ltd\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-09-06 04:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Pintec Technology Holdings Ltd. Announces Private Placement of Shares for Stake in ZIITECH Pty Ltd\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Pintec Technology Holdings Ltd. 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