BUUU Group Ltd（BUUU）資訊與事件BUUUBUUU Group Ltd

BUUU Group Acquires 60% Stake in Brightray Science

BUUU Group announced that it has entered into a definitive agreement to acquire a 60% equity interest in Brightray Science. Founded by Bin Wang and previously supported by Tencent-affiliated investors, Brightray will become a consolidated subsidiary of BUUU upon completion of the transaction. In conjunction with the acquisition, the Company intends to relocate its corporate headquarters to Singapore. The purchase consideration will consist of newly issued BUUU Class A Ordinary Shares valued at a fixed price of $20 per share and a promissory note convertible into up to 10M BUUU shares, subject to adjustment based on Brightray's financial performance as measured by its audited annual net income following the closing and beneficial ownership limitation of 19.99% of BUUU's total outstanding shares. Upon completion of the transaction, the sellers will retain a 40% ownership interest in Brightray, while BUUU will hold a call option to acquire the remaining interest during the three-year period following closing. The current management and board of BUUU are expected to remain in place, and Bin Wang will join BUUU as Executive Director and Co-Chief Executive Officer.

BUUU Group Ltd Trading Halted Due to Volatility

BUUU Group Ltd trading halted, volatility trading pause

BUUU Group Ltd Trading Halted Due to Volatility

BUUU Group Ltd trading halted, volatility trading pause