Cango Inc. Closed the US$10.5 Million Equity Investment and Secured US$65 Million Additional Equity Investments
Cango Inc. Class A Ordinary Shares (CANG)
Last cango inc. class a ordinary shares earnings: 3/23 04:30 pm
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Source: PR Newswire
DALLAS, Feb. 12, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today announced that it closed the previously announced US$10.5 million equity investment from Enduring Wealth Capital Limited ("EWCL"), and entered into definitive agreements with entities wholly-owned by Mr. Xin Jin, Chairman of the Company, and Mr. Chang-Wei Chiu, a director of the Company, pursuant to which these entities agreed to make equity investments in the aggregate amount of US$65 million in the Company.As previously announced, the Company entered into an investment agreement with EWCL on December 29, 2025, and recently issued 7 million Class B ordinary shares, each carrying 20 votes per share, to EWCL at US$1.50 per share (the "Class B Investment"). After closing, EWCL's beneficial ownership increased from approximately 2.81% to approximately 4.71% of the Company's total o
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CANG
News
- Cango Inc. heeft aandeleninvestering van USD 10,5 miljoen afgerond en aanvullende aandeleninvesteringen van USD 65 miljoen veiliggesteld.PR Newswire
- Cango Inc. Closed the Previously Announced US$10.5 Million Equity Investment from EWCL and Secured US$65 Million Additional Equity Investments [Yahoo! Finance]Yahoo! Finance
- Cango Inc. Closed the US$10.5 Million Equity Investment and Secured US$65 Million Additional Equity InvestmentsPR Newswire
- Cango Inc. Closed the Previously Announced US$10.5 Million Equity Investment from EWCL and Secured US$65 Million Additional Equity InvestmentsPR Newswire
- Cango Inc. Closed the US$10.5 Million Equity Investment and Secured US$65 Million Additional Equity InvestmentsPR Newswire
CANG
Earnings
- 12/1/25 - Beat
CANG
Sec Filings
- 2/12/26 - Form 6-K
- 2/10/26 - Form 6-K
- 12/29/25 - Form 6-K
- CANG's page on the SEC website