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Highest Performance宣布从GEM Global Yield获得5亿美元的股票购买协议
2024-04-16 19:50
- Highest Performances (NASDAQ:HPH) formerly known as Puyi signed a share purchase agreement with GEM Global Yield, a Luxembourg-based private alternative investment group.
- Under the Agreement, HPH (HPH) has the option to issue and sell up to a number of ordinary shares with an aggregate value of $500M.
- HPH (HPH) may increase the aggregate limit up to $1B at a later date by delivering prior written notice to GEM.
- The funds will be used to fuel the company's AI development and expansion efforts on a global scale.
- HPH plans to utilize any proceeds from drawdowns for investing in projects related to artificial intelligence, robotics hardware and software, intellectual property related to sports, mergers and acquisitions or strategic alliance that can add value to the company, and general corporate and working capital needs of the company.
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