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Nari Radar: Calls Off Share Issuance & Cash Payment for Asset Purchase, Retracts Application Documents
12 hour ago /
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Author：小编
On March 23, Nari Radar disclosed that its board of directors had approved the decision to halt the acquisition of a 100% stake in Tianjin Sigma Microelectronics Technology Co., Ltd. The original plan involved a combination of share issuance and cash payment, along with raising corresponding funds (also known as matched funds). Now, the company will also withdraw the relevant application documents. Additionally, the board has granted the management team full authority to manage all aspects related to the termination of this acquisition.
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