MultiMetaVerse Holdings Limited Announces Signing of Term Sheet with Bowong Technology

SHANGHAI, Oct. 02, 2024 (GLOBE NEWSWIRE) -- MultiMetaVerse Holdings Limited (NASDAQ: MMV) (“MMV” or the “Company”), a leading animation and entertainment company for young consumers in China, today announced that it has entered into a non-binding term sheet (the “Term Sheet”) with Bowong Technology (Shenzhen) Co., Ltd. (the “Bowong Technology”) to acquire all of the shares of Bowong Technology. Pursuant to the Term Sheet, subject to the satisfaction of certain conditions (including obtaining financing for t ...