Gridsum Holding Inc - ADR

NASDAQ:GSUM   3:14:46 PM EDT
1.75
-0.05 (-2.78%)
Mergers / Acquisitions

Gridsum Enters Into Definitive Agreement For Going-Private Transaction

Published: 10/01/2020 10:31 GMT
Gridsum Holding Inc (GSUM) - Gridsum Enters Into Definitive Agreement for Going-private Transaction.
Gridsum Holding Inc - All-cash Transaction That Values Company's Equity at Approximately Us$75.5 Million.
Gridsum Holding Inc - Entered Into an Agreement and Plan of Merger With Gridsum Corporation and Gridsum Growth Inc.gridsum Holding Inc - Under Merger Agreement Co to Be Acquired by Investor Consortium Led by Guosheng Qi Chairman of Board of Directors of Co.
Gridsum Holding - Each Ordinary Share of Co Will Be Cancelled & Cease to Exist in Exchange for Right to Receive Us$2.00 in Cash Without Interest.
Gridsum Holding Inc - Rollover Securityholders Have Each Agreed to Vote All of Shares and Adss They Beneficially Own in Favor of Merger Agreement.