Group 1 - The company, Zhongce Capital Holdings, announced a share subscription agreement with AccX Limited, involving the subscription of 255,000 convertible preferred shares for approximately $4.3714 million, which can be adjusted if the lead investor does not accept project progress [1] - AccX Limited primarily operates in Southeast Asia, providing digital payment services, and the management believes that the company's fintech capabilities and experience in mainland China can be effectively applied in Southeast Asia [1] - The management is confident about the growth potential of the Southeast Asian economy and payment services market, viewing this transaction as part of the company's strategy to diversify its financial business and expand into the Southeast Asian market, which is expected to generate additional revenue sources [1] Group 2 - The transaction is expected to create strong synergies with another acquisition of Citystate Savings Bank, Inc., and the excellent track record of the target company's management team is anticipated to facilitate the digital transformation of Citystate Savings Bank, Inc. [1]
中策资本控股拟斥资约437.14万美元认购AccX Limited25.5万股可换股优先股