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0.024705435195743 0.0178639300646142 0.0129228430254656 0.0258456860509312 0.0680349676928924 0.0699353857848727 0.0954009882174078 0.0782972253895857
Stock impact report

Bilibili Announces Equity Investment from Sony

Bilibili Inc. - American Depositary Shares (BILI) 
Last bilibili inc. - american depositary shares earnings: 3/17 07:00 pm Check Earnings Report
Company Research Source: GlobeNewswire
SHANGHAI, April 09, 2020 (GLOBE NEWSWIRE) -- Bilibili Inc. (“Bilibili” or the “Company”) (Nasdaq: BILI), a leading online entertainment platform for young generations in China, today announced that Sony Corporation of America (“SCA”), a wholly owned subsidiary of Sony Corporation (“Sony”) and a global leader providing entertainment services with solid foundation of technology, has entered into a definitive agreement with Bilibili such that SCA will invest an aggregate amount of approximately US$400 million in cash in Bilibili at the closing of the transaction. Pursuant to the share purchase agreement, SCA will subscribe for 17,310,696 newly issued Class Z ordinary shares of Bilibili for an aggregate consideration of approximately US$400 million. The purchase price will be US$23.1071 per Class Z ordinary share, which is equivalent to US$23.1071 per American Depositary Share (“ADS”) of Bilibili, each of which represents one Class Z ordinary share. The transaction is expected to Show less Read more
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