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0.160625 0.118125 -0.09 -0.06875 -0.110625 -0.0706249999999999 -0.05375 -0.00437499999999991
Stock impact report

AZI Plans to Subscribe for US$100 Million of Token Cat Limited Shares at US$30 per Share, Strengthening Automotive Group-Buying Channels and Supporting AZI’s Global Expansion Strategy

TuanChe Limited - American Depositary Shares (TC) 
Company Research Source: GlobeNewswire
Beijing, China, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Token Cat Limited (Nasdaq: TC) (the “Company” or “Token Cat”)Today announced that Autozi Internet Technology (Global) Ltd. (Nasdaq: AZI) (“AZI”), a leading enterprise in China’s automobile sales and aftersales services sector, has reached a preliminary consensus with the Company on a proposed equity investment and business cooperation. Pursuant to the proposed arrangement, AZI plans to subscribe for newly issued shares of Token Cat at a price of US$30 per share, with an intended total investment amount of approximately US$100 million. Under the proposed arrangement, AZI plans to subscribe for newly issued shares of Token Cat  at a price of US$30 per share, with an intended total investment amount of approximately US$100 million. According to the current preliminary framework, the proposed subscription is expected to be conducted through a negotiated transaction. The final structure of the transaction, the number of shares to be is Show less Read more
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