Browsing Tag
Kaixin
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WM Motor and Kaixin Auto Sign a Letter of Intent for Merger and Acquisition
On September 11th, Kaixin Auto announced that it has signed a non-binding letter of intent for acquisition with WM Motor Technology Group Company Limited (referred to as “WM Motor”). The plan is to issue a certain number of new shares to acquire 100% equity held by its shareholders. Kaixin Auto stated: WM Motor, established at