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Gao Ling Information: Intends to issue shares and pay cash to purchase 71.98% equity of Xinnuo Communication. Stock continues to be suspended
Jinshi data, December 12 news, Gao Ling information announcement, the company is planning to purchase a total of 71.98% equity of Shanghai Xinnuo Communication Technology Co., Ltd. held by Xinnuo Communication’s shareholders by issuance and cash payment, and at the same time raise supporting funds. In addition, after the suspension, the company will further negotiate with other shareholders of Xinnuo Communication to purchase the remaining 28.02% equity held by other shareholders of Xinnuo Communication. The company’s stock will continue to be suspended from the morning of December 13, 2024, and is expected to be suspended for no more than 5 trading days.