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Luda Technology Group to Acquire 55% Stake in AI Data Quant Tech

Luda Technology Group executed an agreement to acquire a 55% stake in Asia AI Data Centre & Quantum Technology Company Limited for US$935,000, marking its entry into computing infrastructure operations management. The consideration includes US$600,000 in cash and US$335,000 in ordinary shares, referencing 91,780 shares at US$3.65 per share as of October 14, 2026.
Luda Technology Group will acquire a 55% stake in Asia AI Data Centre & Quantum Technology Company for US$935,000; the deal marks a shift for the NYSE American-listed firm, traditionally focused on stainless steel and coal trading. Through this acquisition, Luda Technology officially enters computing infrastructure operations management, aiming to connect China’s AI ecosystem with international markets. The consideration includes US$335,000 in newly issued shares…
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