Tian Ruixiang to buy Ucare in $150M deal

1 day ago 1

Tian Ruixiang (NASDAQ:TIRX) said it plans to buy Ucare in an all-share deal valued at $150 million. T
Under the deal, the sellers will get 101.5M newly issued class A shares of TIRX.
For the fiscal year ended October 31, Ucare had reported a net profit of $0.6 million on revenues of $5.4 million.

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