InvestmentApr 26, 2026, 05:24 AM
OCG Amends Jade Cove Investment: $10M for 66.67% Interest
AI Summary
Oriental Culture Holding LTD filed an Amendment No. 1 to its Form 6-K, revising details of its investment in Jade Cove, L.P. The company will now subscribe an aggregate amount of $10,000,000 to acquire a 66.67% interest in Jade Cove, down from the previously reported $15,000,000 and 75%. Jade Cove invests in internet technology companies in commerce, content, and entertainment.
Key Highlights
- Oriental Culture Holding LTD filed Amendment No. 1 to its Form 6-K.
- The company will subscribe $10,000,000 in Jade Cove, L.P.
- This revises the previous subscription amount from $15,000,000.
- OCG will acquire a 66.67% interest in Jade Cove, L.P.
- This revises the previous acquired interest from 75%.
- Jade Cove, L.P. invests in internet technology companies.
Price Impact
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