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PuceRan Shares Plans to Acquire 49% Stake in Noah Changtian and Raise Supporting Funds
36Kr learned from a PuceRan announcement that the company plans to acquire a 49% equity stake in Zhuhai Noah Changtian Storage Technology Co., Ltd. from Zhuhai Noyan Changtian Equity Investment Fund Partnership (Limited Partnership), Anhui Gaoxin Yuanhe Puhua Private Equity Investment Fund Partnership (Limited Partnership), and Zhuhai Hengqin Qiangke No. 7 Investment Partnership (Limited Partnership). The consideration will be paid through issuance of shares, convertible bonds, and cash. The company also plans to raise supporting funds from no more than 35 qualified specific investors. The transaction is subject to approval or registration by relevant regulatory authorities, and its completion carries uncertainty.
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