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Stock impact report

FLJ Group Limited Amends the Maturity Date of the Promissory Notes

FLJ Group Limited - American Depositary Shares (FLJ) 
Company Research Source: GlobeNewswire
SHANGHAI, China, Feb. 09, 2024 (GLOBE NEWSWIRE) -- FLJ Group Limited (NASDAQ: FLJ) (“FLJ” or the “Company”), today has agreed with the Alpha Mind Promissory Noteholders (defined below) to extend the maturity date of the Alpha Mind Promissory Note (defined below) from March 25, 2024 to June 30, 2024 (or such other date as the parties may further agree). As previously announced, the Company acquired all the issued and outstanding shares in Alpha Mind Technology Limited for an aggregate all-cash purchase price of US$180,000,000 or RMB equivalent, paid in the form of the notes (the “Alpha Mind Promissory Notes”) which were delivered to each of the sellers (the “Alpha Mind Promissory Noteholders”) in an aggregate amount equal to the purchase price on December 28, 2023. About FLJ Group Limited FLJ Group Limited, through its subsidiaries and consolidated variable interest entities, operates insurance agency and insurance technology business. The insurance agency operates nationwide in t Show less Read more
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