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BRIEF-Scienjoy to Acquire Top-tier Online Live Streaming Platform Hongle.tv and Expand NFT Business Scope

reuters.com · 12/29/2021 07:06
BRIEF-Scienjoy to Acquire Top-tier Online Live Streaming Platform Hongle.tv and Expand NFT Business Scope

- Scienjoy Holding Corp SJ:

  • SCIENJOY TO ACQUIRE TOP-TIER ONLINE LIVE STREAMING PLATFORM HONGLE.TV AND EXPAND NFT BUSINESS SCOPE

  • SCIENJOY HOLDING CORP - AGGREGATE DEAL CONSIDERATION IS RMB280 MILLION (APPROXIMATELY US$43.8 MILLION)

  • SCIENJOY HOLDING CORP - DEAL CONSIDERATION INCLUDES RMB180 MILLION IN CO'S CLASS A ORDINARY SHARES AND RMB100 MILLION IN CASH

Source text for Eikon: ID:nPnb85mZka

Further company coverage: SJ


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