TikToker Khaby Lame's $975 million deal is riding on a crashing stock [Business Insider]
Rich Sparkle Holdings Limited - Ordinary Shares (ANPA)
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Source: Business Insider
Become an Insider and start reading now. Have an account? Log in TikToker Khaby Lame's $975 million deal is looking increasingly shaky. The stock price of a company he's seeking a merger with has fallen from a peak of over $180 to $11.19. The company is pitching investors on using an AI clone of Lame to drive billions in e-commerce sales. TikTok superstar Khaby Lame 's $975 million deal is getting squeezed. Hong Kong-based Rich Sparkle Holdings last month unveiled plans to merge with Lame's social media and e-commerce business. The deal made Lame's payout dependent on Rich Sparkle's share price, which has plunged to $11 as of market close on Thursday from a high of $180 last month. Lame, a Senegalese-Italian creator, built a following with dialogue-free videos mocking overly complicated life hacks, like using a gadget to open a soda can instead of just popping the tab. He is now the world's top TikTok influencer with over 160 million followers. As part of the deal, R
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News
- TikTok Star Khaby Lame Sells His Core Company In Deal Worth $975 Million [Forbes]Forbes
- Rich Sparkle (NASDAQ:ANPA) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=ANPA&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</MarketBeat
- Rich Sparkle (ANPA.US) Shockingly Announces: Gathering Global Top Stars Khaby Lame and Crazy Little Brother Yang to Launch a New Era of Capitalization for 700 Million Fans [Yahoo! Finance]Yahoo! Finance
- Rich Sparkle (ANPA.US) Shockingly Announces: Gathering Global Top Stars Khaby Lame and Crazy Little Brother Yang to Launch a New Era of Capitalization for 700 Million FansPR Newswire
- Rich Sparkle (ANPA.US) Shockingly Announces: Gathering Global Top Stars Khaby Lame and Crazy Little Brother Yang to Launch a New Era of Capitalization for 700 Million FansPR Newswire
ANPA
Sec Filings
- 2/6/26 - Form 20-F
- 1/30/26 - Form NT
- 12/16/25 - Form 6-K
- ANPA's page on the SEC website