InvestmentJun 22, 2026, 09:17 AM
Lion Group to Invest $12M for 10% Stake in PT NUSANTARA BUMI SANGKARA
AI Summary
Lion Group Holding Ltd. has entered into an Investment Participation Agreement with Meili Capital Management Limited. Under this agreement, Lion Group will participate in Meili's investment in PT NUSANTARA BUMI SANGKARA, acquiring a 10% equity interest for an aggregate investment consideration of US$12,000,000. The payment can be made in cash, company shares, or other agreed forms, and the agreement is subject to customary closing conditions.
Key Highlights
- Lion Group to participate in Meili Capital's investment in PT NUSANTARA BUMI SANGKARA.
- Company will acquire a 10% equity interest or equivalent economic interest in the Target Company.
- Aggregate investment consideration is US$12,000,000.
- Investment consideration may be paid in cash, shares of the Company, or other agreed forms.
- Agreement is subject to customary closing conditions, including regulatory approvals and due diligence.
Price Impact
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