AcquisitionsJul 15, 2026, 04:07 PM
Datasea Closes Patent Acquisition, Issues 1.12M Shares
AI Summary
Datasea Intelligent Technology Ltd. announced the closing of a patent acquisition by its wholly-owned subsidiary, Shuhai Tianjin, from Tianjin Qianli Culture Media Co., Ltd. The transaction, valued at RMB 7.0 million, was settled by issuing 1,122,156 restricted Class A ordinary shares at $0.9156 per share. The company believes this acquisition will complement its Business Execution AI-Agent's technical capabilities, including multimodal data processing and visual analysis, further strengthening its AI technology portfolio.
Key Highlights
- Datasea's subsidiary, Shuhai Tianjin, closed the acquisition of a patent.
- The patent was acquired from Tianjin Qianli Culture Media Co., Ltd.
- The aggregate purchase price for the patent was RMB 7.0 million.
- Datasea issued 1,122,156 restricted Class A ordinary shares as consideration.
- Shares were issued at a price of $0.9156 per share.
- The patent is expected to enhance the Business Execution AI-Agent's capabilities.
- The AI Agent is already in commercial application for enterprise customers.
Price Impact