Agreement to Establish Digital Currency Investment Company Partnership
MultiMetaVerse Holdings Limited - Class A Ordinary Share (MMV)
NASDAQ:AMEX Investor Relations:
funds.eatonvance.com/massachusetts-municipal-income-trust-mmv.php
Company Research
Source: GlobeNewswire
SHANGHAI, Dec. 03, 2024 (GLOBE NEWSWIRE) -- MultiMetaVerse Holdings Limited (NASDAQ: MMV) (“MMV” or the “Company”), a leading animation and entertainment company for young consumers in China, announced that it has reached an agreement with Zhao Mingwei (“Big Bear”) and Li Yuanfeng to jointly establish a joint - venture in Hong Kong, leveraging their respective resources to Bitcoin and Bitcoin mining machines. According to the agreement, MMV will hold 80% of the shares of the to-be-formed joint - venture company, Zhao Mingwei will hold 10% of the shares, and Li Yuanfeng will hold the remaining 10%. The board of directors will be composed of executives appointed by the three parties. The new company will purchase Bitcoin and purchase Bitcoin mining machines. The joint venture company plans to achieve Party B and Party C to invest 500 Bitcoins legally owned by them by June 2025 and 1,000 bitcoins before December 2025 to make the joint venture company legally own the assets. MMV will
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MMV
News
- Agreement to Establish Digital Currency Investment Company Partnership [Yahoo! Finance]Yahoo! Finance
- MultiMetaVerse Holdings Limited Announces Signing of Definitive Agreement to Acquire Bowong Technology [Yahoo! Finance]Yahoo! Finance
- MultiMetaVerse Holdings Limited Announces Signing of Definitive Agreement to Acquire Bowong TechnologyGlobeNewswire
- MultiMetaVerse Holdings Limited Provides Update on Joint VentureGlobeNewswire
- MultiMetaVerse receives non-compliance notice from Nasdaq [Seeking Alpha]Seeking Alpha
MMV
Sec Filings
- 12/10/24 - Form 6-K
- 12/3/24 - Form 6-K
- 12/2/24 - Form 6-K
- MMV's page on the SEC website