Virtual Mind Holding Company Ltd. had previously announced a proposed acquisition of a 10% equity interest in N-Bridge Capital Group Limited, which was to be settled by the issuance of consideration shares under a specific mandate. However, the conditions precedent for the acquisition were not fulfilled by the long stop date of 13 January 2026, and no extension was agreed upon between the parties. As a result, the agreement has lapsed, and the transaction will not proceed. The company stated that the lapse of the agreement will have no material adverse impact on its business, operations, or financial position.
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. Virtual Mind Holding Company Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260115-11991536), on January 15, 2026, and is solely responsible for the information contained therein.