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Grinm Semiconductor: Acquisition of Assets Through Share Issuance and Cash Payment Underway
4 hour ago /
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Author：小编
On November 11, Grinm Semiconductor announced plans to acquire a 71.89% equity stake in Shandong Grinm Aisi and a 14.98% equity stake in Shandong Grinm Semiconductor through the issuance of shares and cash payments, along with raising supporting funds. This transaction constitutes a major asset restructuring and a related-party transaction. Upon completion, both target companies will become wholly-owned subsidiaries of the company. Currently, audit, evaluation, and other related work are proceeding in an orderly manner. The transaction still requires multiple approvals and remains subject to uncertainty.
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