Kaixin Auto Holdings

NASDAQ:KXIN   4:00:00 PM EDT
0.46
-0.02 (-3.93%)
5:18:28 PM EDT: $0.46 +0.01 (+1.71%)
Mergers / Acquisitions

Kaixin Auto Holdings Announces Binding Acquisition Term Sheet With Morning Star And Joint Plans To Grow POCCO EV

Published: 09/26/2022 11:16 GMT
Kaixin Auto Holdings (KXIN) - Kaixin Auto Holdings Announces Binding Acquisition Term Sheet With Morning Star and Joint Plans to Grow Pocco Ev.
Kaixin Auto Holdings - Co Intends to Acquire 100% Equity of Morning Star Through New Share Issuance and Makes It a Wholly Owned Subsidiary.
Kaixin Auto Holdings - Expect to Sign Definitive Acquisition Spa by End of October and Have Acquisition Transaction Completed by End of Year.