Cango Inc. Secures US$10.5 Million Investment from EWCL to Accelerate Growth
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, Dec. 30, 2025 /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, announced that Enduring Wealth Capital Limited ("EWCL") increased its investment in the Company with a US$10.5 million commitment. EWCL will subscribe for additional Class B ordinary shares in cash at US$1.50 per share. This transaction underscores a strong, aligned vision for Cango's future and provides substantial capital to accelerate its core growth initiatives.Under the terms of this agreement:Pursuant to an Investment Agreement dated December 29, 2025, between the Company and EWCL, the Company will issue and deliver to EWCL 7 million Class B ordinary shares, each carrying 20 votes per share.Upon closing of the Proposed Investment, EWCL's shareholding in the Company is expected to increase from approximately 2.81% to approximately 4.69% of the total outstanding shares.Correspondi
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CANG
News
- Cango Inc. Announce December 2025 Bitcoin Production and Mining Operations UpdateCango Inc. maakt update bekend over Bitcoin-productie en miningactiviteiten in december 2025PR Newswire
- Cango Inc. Announces December 2025 Bitcoin Production and Mining Operations UpdatePR Newswire
- Cango Inc. Announces December 2025 Bitcoin Production and Mining Operations UpdatePR Newswire
- Cango Inc. Announces December 2025 Bitcoin Production and Mining Operations UpdatePR Newswire
- Cango Inc. Verzekert 10,5 miljoen USD aan investeringen van EWCL om de groei te versnellenPR Newswire
CANG
Earnings
- 12/1/25 - Beat
CANG
Sec Filings
- 12/29/25 - Form 6-K
- 12/22/25 - Form EFFECT
- 12/17/25 - Form F-3
- CANG's page on the SEC website