NIP Group Announces Closing of Mining Assets Acquisition
NIP Group Inc. - American Depositary Shares (NIPG)
Company Research
Source: GlobeNewswire
ABU DHABI, United Arab Emirates, Sept. 09, 2025 (GLOBE NEWSWIRE) -- NIP Group Inc. (“NIPG” or the “Company”) (NASDAQ: NIPG), a leading digital entertainment company, today announced the completion of its previously announced acquisition of on-rack crypto mining machines (the “Products”) with an aggregate hash rate of 3.11 EH/s from Apex Cyber Capital Limited and Prosperity Oak Holdings Limited, to which Fortune Peak Limited assigned all of its rights, benefits and obligations under the Agreement (as defined below) to complete the transaction (together, the “Sellers”). Pursuant to the definitive asset-purchase agreement (the “Agreement”) entered into on July 1, 2025, the Company issued an aggregate of 119,553,439 Class A ordinary shares to the Sellers as consideration for the Products. All closing conditions for the transaction (the “Transaction”) were satisfied in accordance with the Agreement, and the Transaction closed on September 5, 2025. The Products, consisting of data cente
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News
- NIP Group Inc. Reports First Half 2025 Unaudited Financial ResultsGlobeNewswire
- NIP Group Inc (NIPG) Q2 2025 Earnings Report Preview: What To Look For [Yahoo! Finance]Yahoo! Finance
- NIP Group to Report Unaudited Financial Results for the First Half of 2025 on December 2, 2025 [Yahoo! Finance]Yahoo! Finance
- NIP Group to Report Unaudited Financial Results for the First Half of 2025 on December 2, 2025GlobeNewswire
- NIP Group Inc. to Hold Extraordinary General Meeting on December 29, 2025GlobeNewswire
NIPG
Sec Filings
- 12/2/25 - Form 6-K
- 11/21/25 - Form 6-K
- 11/19/25 - Form 6-K
- NIPG's page on the SEC website