FangDD is Powered by AI System With US$34.32 Million Assets Acquisition [Yahoo! Finance]
Fangdd Network Group Ltd. - Class A Ordinary Shares (DUO)
Last fangdd network group ltd. - class a ordinary shares earnings: 3/31 05:00 am
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Source: Yahoo! Finance
that it had entered into an agreement to purchase certain assets relating to artificial intelligence technology from a British Virgin Islands company. The transaction is part of the Company's continuous strategy to expand into technology-enabled real estate management. The purchase price for the assets is US$34,320,000. Additionally, the seller is entitled to receive an earnout payment for each calendar year ending on December 31, 2025, December 31, 2026 and December 31, 2027 at an amount equal to (a) the increase of the total revenue of the Company in a given calendar year of 2025, 2026, and 2027, as compared to the prior calendar year, multiplied by (b) the ratio of 20%, 25% and 30%, respectively. The earnout payments shall be payable by the issuance of the Company's Class A ordinary shares at a price per share equal to the average of the closing price of one (1) Company's Class A ordinary share for the 30 consecutive trading days immediately preceding the payment date. The Comp
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High impacting Fangdd Network Group Ltd. - Class A Ordinary Shares news events
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DUO
News
- FangDD Announces US$34,320,000 Convertible Note Issuance in Connection with Asset Acquisition and Proposed Issuance of Class C Ordinary SharesGlobeNewswire
- Fangdd Network Group (NASDAQ:DUO) had its "sell (e+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- FangDD is Powered by AI System With US$34.32 Million Assets AcquisitionGlobeNewswire
DUO
Sec Filings
- 10/24/25 - Form 6-K
- 9/30/25 - Form 6-K
- 9/29/25 - Form 6-K
- DUO's page on the SEC website