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PINTEC Announces Private Placement of Class A Ordinary Shares in Exchange of Ordinary Shares of ZIITECH PTY LTD
PINTECPINTEC(US:PT) Prnewswireยท2025-09-05 20:30

Core Viewpoint - Pintec Technology Holdings Limited has entered into a share transfer agreement to acquire 715,521 ordinary shares of ZIITECH PTY LTD, representing approximately 25% of ZIITECH's total issued shares, in exchange for 83,726,789 Class A ordinary shares of Pintec [1][2]. Group 1 - The share transfer agreement was signed on September 3, 2025, and the transaction is expected to close in September 2025, subject to customary closing conditions [2]. - Upon completion of the transaction, Pintec will consolidate ZIITECH's financial statements as per a shareholders' agreement [2]. - The sale and issuance of Class A ordinary shares are exempt from registration under the Securities Act of 1933, relying on specific regulations [4]. Group 2 - Pintec is a Nasdaq-listed company that provides technology-enabled financial services to micro, small, and medium enterprises in China, facilitating connections between business and financial partners [8]. - The company holds various licenses in China, including internet micro-lending, fund distribution, insurance brokerage, and enterprise credit investigation licenses [8].