SAI.TECH Global Corporation Announces Share Repurchase Program

Group 1 - The company SAI.TECH has authorized a new share repurchase program allowing for the repurchase of up to US$1 million and up to 1 million shares of its ordinary shares until January 11, 2025 [4] - SAI.TECH is a Nasdaq-listed sustainable distributed bitcoin mining operator headquartered in Singapore, aiming to promote a clean transition in the bitcoin mining, power, and heating industries [2][5] - The share repurchase may occur in various forms including open market transactions and block trades, subject to market conditions and regulatory requirements [1]