Code Chain New Continent Limited (NasdaqCM:CCNC) agreed to acquire Shanghai Highlight Media Co., Ltd. from Hongxiang Yu and Shuang Zhang for $2.1 million on September 16, 2022. As per the terms of the transaction, CCNC agreed to issue an aggregate of 9,000,000 shares of common stock of the Company (the Shares), valued at $0.25 per share.
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- Code Chain New Continent Limited agreed to acquire Shanghai Highlight Media Co., Ltd. from Hongxiang Yu and Shuang Zhang for $2.1 million.