WIMI Hologram Cloud Inc has increased its stake in MicroAlgo Inc (NASDAQ: MLGO) to 67.65% and committed to a ten-year lock-up period for all currently owned MicroAlgo shares.
WiMi Hologram Cloud Inc. - American Depositary Share (WIMI)
Company Research
Source: PR Newswire
BEIJING, March 27, 2025 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WiMi) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced it has increased its stake in MicroAlgo Inc (NASDAQ: MLGO) to 67.65% and committed to a ten-year lock-up period for all currently owned MicroAlgo shares.As of March 27, 2025, WIMI Hologram Cloud Inc holds 40,000 Class A ordinary shares, 1,810,658 Class A ordinary shares (restricted), and 44,878,261 Class B ordinary shares (restricted) of MicroAlgo Inc. (NASDAQ: MLGO) ("MicroAlgo Inc."), representing a total equity stake of 67.65% of MicroAlgo's total shares outstanding. WIMI has no plans to sell or otherwise dispose of any Microalgo ordinary shares. To stabilize market expectations, WIMI Hologram Cloud has committed to a ten-year lock-up period for all currently owned MicroAlgo shares.About WiMi Hologram CloudWiMi Hologram Cloud, Inc. (NASDAQ: WiMi) is a holographic cloud comprehensive technic
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WIMI
Sec Filings
- 10/24/25 - Form 6-K
- 9/26/25 - Form 6-K
- WIMI's page on the SEC website