B.Duck Semk Holdings International Announces Equity Investment
Reuters
Oct 21
B.Duck Semk Holdings International Announces Equity Investment
B.Duck Semk Holdings International Ltd. has announced a discloseable transaction involving a share acquisition and a convertible loan investment, which includes the issue of consideration shares under a general mandate. The transaction is part of the company's strategy to expand its intellectual property $(IP)$ portfolio and strengthen its business in content creation, management, and licensing. The investment targets a group with a principal operating IP matrix consisting of eight IPs and a portfolio of 42 registered trademarks in the PRC. The announcement also details a performance guarantee and compensation mechanism related to the transaction.
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