Aurora Mobile Strategically Partners with PAG Pegasus Fund to Jointly Execute Data-Driven Investments; Issues Three-Year Warrants

Core Viewpoint - Aurora Mobile Limited has announced a strategic partnership with PAG Pegasus Fund to leverage big data and AI for investment opportunities [1][2][3] Group 1: Partnership Details - PAG Pegasus will allocate $10 million towards an investment strategy supported by Aurora Mobile's data insights [2] - The partnership includes the issuance of three-year warrants to PAG Pegasus, allowing the purchase of up to 725,000 American depositary shares (ADSs) at an exercise price of $13.80 per ADS, representing an 85% premium over the recent average closing price of $7.43 per ADS [2] Group 2: Company Background - Aurora Mobile, founded in 2011, is a leading provider of customer engagement and marketing technology services in China, focusing on stable messaging services and digital transformation solutions [4] - The company has developed solutions such as Cloud Messaging and Cloud Marketing to enhance omnichannel customer reach and interaction [4]