Ruanyun Edai Technology Inc. Board Approves Rebranding to Formind Group as Part of Global Technology Commercialisation and Expansion Strategy
Ruanyun Edai Technology Inc. - Ordinary shares (RYET)
Company Research
Source: GlobeNewswire
New York, NY, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Ruanyun Edai Technology Inc. (Nasdaq: RYET, the “Company”) today announced that its Board of Directors has approved a rebranding initiative to rename the Company to Formind Group Inc. (the “Rebranding”). The Company intends to seek shareholder approval for the proposed name change at an upcoming general meeting (the “General Meeting”). Subject to shareholder approval and customary corporate, Nasdaq and administrative processes, the Company intends to change its Nasdaq trading symbol to “FMND,” which has been reserved. The Rebranding reflects the Company’s next phase - positioning the business for a broader, more global future and a platform designed to support international expansion, technology commercialisation, and a series of strategic actions over time. “Today marks a transformative inflection point for our Company,” said Maggie Fu, Chief Executive Officer. “Formind Group signals where we are headed: building a more globally ori
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- Ruanyun Edai Technology Inc. Board Approves Rebranding to Formind Group as Part of Global Technology Commercialisation and Expansion Strategy [Yahoo! Finance]Yahoo! Finance
- Ruanyun Edai Technology Inc. Establishes $100 Million Equity Purchase Facility with ARC Group International to Enhance Financial FlexibilityGlobeNewswire