Xinbang Intelligence Announces Plan to Acquire Majority Stake in Indie Semi; Trading to Resume on May 20
2025-05-19 / Read about 0 minute
Author:小编   

Xinbang Intelligence has announced its intention to acquire a majority stake in Wuxi Indie Semiconductor Technology Co., Ltd. through a combination of share issuance, convertible bonds, and cash payments. Additionally, the company plans to raise funds in support of this acquisition. Indie Semi stands as a prominent domestic provider of automotive-grade analog-digital mixed-signal chips and solutions. While the transaction price remains undisclosed, Xinbang Intelligence's stock will resume trading on May 20.

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