Quhuo Ltd - ADR

NASDAQ:QH   11:04:01 AM EDT
0.91
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Mergers / Acquisitions

Quhuo Announces Full Acquisition Of Equity Interest In Lailai

Published: 01/05/2022 18:58 GMT
Quhuo Ltd - ADR (QH) - Quhuo Announces Full Acquisition of Equity Interest in Lailai.
Quhuo Ltd - Has Entered Into Definitive Investment Agreement to Acquire Remaining 45.78% Equity Interest in Lailai Information Technology.
Quhuo Ltd - Upon Completion of Transaction, Co Will Own 100% Equity Interest in Lailai.
Quhuo Ltd - According to Agreement, Co Agreed to Issue 9 Million Class A Ordinary Shares of Co to Selling Shareholder of Lailai.