Tongguan Gold Group announces supplemental agreement updating lockup terms for acquisition of target company
Reuters
Oct 08
Tongguan Gold Group announces supplemental agreement updating lockup terms for acquisition of target company
Tongguan Gold Group Ltd. has provided an update regarding its acquisition of 100% equity interest in a target company, a transaction that involves the issue of consideration shares. According to a supplemental agreement signed on 7 October 2025, the vendor has agreed to a lock-up period, during which it is prohibited from selling, transferring, pledging, or otherwise disposing of the consideration shares, or entering into transactions with similar economic effects, for 18 months following the completion date without prior written consent from the purchaser. All other terms of the original sale and purchase agreement remain unchanged.
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