Eason Technology Limited Announces Entry into Material Agreements
XINIYAXINIYA(US:DXF) Prnewswire·2026-01-09 18:30

Core Viewpoint - Eason Technology Limited has announced the acquisition of a commercial real property in Hubei, China, for approximately RMB 24,629,000 (around US$3.5 million) and plans to issue a significant number of shares as part of the transaction [1][2]. Group 1: Acquisition Details - The acquisition involves a purchase agreement dated December 16, 2025, with a total purchase price of approximately RMB 24,629,000 (around US$3.5 million) [1]. - The company will issue 63,600,000,000 Class A ordinary shares as consideration for the acquisition, with a par value of US$0.00005 per share [2]. - The closing of the acquisition is contingent upon receiving approval from the New York Stock Exchange (NYSE) and meeting customary closing conditions [2]. Group 2: Securities Offering - On December 29, 2025, the company entered into a securities purchase agreement to sell up to 300,000 units, each consisting of 60,000 shares and one warrant to purchase 60,000 shares, at a price of US$3.00 per unit, aiming for gross proceeds of up to US$900,000 [3]. - The net proceeds from the offering are intended for working capital and general corporate purposes [4]. - The closing of the offering is also subject to NYSE approval and customary closing conditions [4]. Group 3: Company Background - Eason Technology Limited is engaged in real estate operation management and investment, as well as digital technology security business in Hong Kong and China [5]. - The company previously operated as a licensed microfinance lender in Hubei Province but has suspended loan offerings since 2020 [5].

XINIYA-Eason Technology Limited Announces Entry into Material Agreements - Reportify