Cango (CANG) said Thursday that it has signed definitive agreements to sell its existing business in China to Ursalpha Digital for about $351.9 million in cash.
The initial payment of about $210.6 million will be made at closing, while the remaining amount will be paid once Cango fulfills certain tax filing and payment obligations, according to the company.
Closing of the transaction is subject to the completion of an internal restructuring that separates the China business from businesses outside China as well as other conditions, Cango said.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。