Core Viewpoint - FingerMotion Inc. has entered into a non-binding Memorandum of Understanding (MOU) with Digital Landia Ltd. to explore the development of a minimum viable product (MVP) and marketplace initiative for North America [1][2]. Group 1: MOU Details - The MOU aims to evaluate the feasibility of integrating Digital Landia's proposed protocol framework with FingerMotion's existing mobility data infrastructure for potential market entry in North America [2]. - The proposed MVP initiative will include the development of a North American B2C marketplace utilizing AI and blockchain-based architecture, a compliant monetization strategy, and performance monitoring for data collection [7]. - The parties will conduct due diligence to assess technical, regulatory, and commercial feasibility, with a potential definitive cooperation agreement to be negotiated within approximately 60 days [2][3]. Group 2: Company Overview - FingerMotion is a technology company focused on mobile payment and recharge platform solutions in China, aiming to grow its user base and develop an ecosystem of highly engaged users [4]. - The company envisions serving over 1 billion users in the China market and plans to expand its model to other regional markets [4].

Core Viewpoint - FingerMotion Inc. has entered into a non-binding term sheet with a telecom service provider for a potential acquisition, which is aimed at expanding its telecom service capabilities and enhancing its data-driven enterprise solutions [1][3] Company Overview - FingerMotion is a technology company specializing in mobile payment and recharge platform solutions in China, with a vision to grow its user base to over 1 billion and develop a highly engaged ecosystem of users [4] Acquisition Details - The term sheet allows both parties to conduct mutual due diligence and negotiate a definitive acquisition agreement, although no binding agreement has been executed yet [1][2] - The potential acquisition is subject to negotiation, due diligence, customary closing conditions, and approval by the Company's Board of Directors [2] Strategic Focus - The CEO of FingerMotion emphasized that the acquisition aligns with the company's strategic focus on expanding telecom service capabilities and enhancing shareholder and customer value [3]