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Degot: Acquiring Full Ownership of Whale Cloud; Trading to Resume
3 day ago /
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Author：小编
Degot has unveiled its intention to acquire 100% of Whale Cloud Computing Technology Co., Ltd. through a blend of share issuance and cash payments, while simultaneously securing additional funding to support the transaction. This deal, anticipated to be a significant asset reorganization, will neither alter the company's ultimate controller nor qualify as a backdoor listing. Additionally, it is classified as a related-party transaction. Trading in Degot's shares will recommence on July 14, 2025. This acquisition marks a strategic expansion for Degot into telecom software, cloud and AI software development, as well as industry digital solutions, fostering a new engine for growth.
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