Maase Signs Deal To Sell Its 49% Stake In Qingdao Huiju Laixi Intelligent Technology For $17M In Cash To Independent Third Party
Maase Inc. (NASDAQ:MAAS) ("MAAS" or the "Company"), an AI-centric full-scene digital systems provider and operator, today announced that it has entered into an equity interest sale and purchase agreement
Maase is selling half of its ownership in a technology company to someone else for $17 million in cash. This means Maase is getting money back and focusing on other business, which could help the company or could mean they wanted to move in a different direction.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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