Youon Technology (SHA:603776) released the financing details of its plan to purchase a 65% stake in AllyNav Technology, according to a Thursday filing with the Shanghai Stock Exchange.
Youon will purchase the stake in the driverless system developer for farm machinery, through a private share placement and cash payment to the company's 13 shareholders, the filing said.
Upon completion, Youon also plans to issue new shares to as many as 35 investors to fund cash payment, related fees, and working capital, the filing said.
The specific transaction price has not yet been determined as audit and due diligence are still ongoing, the filing said.
The purchase will help ease Youon's entry into the unmanned agricultural machinery sector, the filing said.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。