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Listed company UTime plans to acquire the Web3 data platform "Feixiaohao" for $80 million
13/03/2026 08:49
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Svmuu News Nasdaq Listed company UTime Limited (Stock Code: WTO) announced the signing of a non-binding letter of intent to acquire 100% of the equity in Feixiaohao Technology Inc., the operator of "Feixiaohao," for up to $80 million.The transaction structure consists of $64 million in equity consideration (common stock or convertible preferred stock) and $16 million in cash. (GlobeNewswire)
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