VeriSilicon Holdings: Intends to Acquire Shares in Xilai Zhirong, Suspending Stock Trading
3 week ago / Read about 0 minute
Author:小编   

VeriSilicon Holdings has announced its intention to acquire shares in Xilai Zhirong Semiconductor (Shanghai) Co., Ltd. through a combination of share issuance and cash payment. The company also plans to raise funds in support of this transaction. Currently, the deal is in the preliminary planning phase, with key details such as audit evaluations and the exact transaction amount yet to be finalized. Consequently, it remains uncertain whether this will constitute a major asset restructuring or a related party transaction. As a result, the company's stock will be suspended from trading starting August 29, 2025, with an anticipated resumption of trading within a maximum of 10 trading days.