Shineco, Inc. /
Xiang Peng You Kang (Beijing) Technology Co., Ltd.
Shineco to acquire majority stake in Xiang Peng You Kang
- Price per share
- $8/share
- Stage
- Agreement signed
What happened
Shineco, Inc. agreed to acquire 51% of Xiang Peng You Kang (Beijing) Technology Co., Ltd. through share transfer agreements with the company’s shareholders. The consideration includes Shineco common stock valued at $8 per share.
The filing says closing is expected within 60 days of the agreements. Xiang Peng You Kang’s stated development focus includes digital health management and specialist diagnosis and treatment services.
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Shineco to acquire majority stake in Xiang Peng You Kang
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