MultiMetaVerse Holdings Limited Provides Update on Joint Venture
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, Nov. 11, 2024 (GLOBE NEWSWIRE) -- MultiMetaVerse Holdings Limited (NASDAQ: MMV) (“MMV” or the “Company”), a leading animation and entertainment company for young consumers in China, today announced an update on its previously announced joint venture with ZHENGHE HOLDING CO., LIMITED (“Zhenghe”), GOLD ABC DIGITAL TECHNOLOGY CO., LIMITED (“GOLD ABC”). GOLD ABC is a Hong Kong-based entity focused on algorithms to achieve self-holding asset appreciation. This collaboration with Zhenghe aims to leverage the expertise of both parties in financial technology, blockchain, and traditional finance. MMV owns 20% of GOLD ABC and ZHENGHE is responsible for GOLD ABC’s daily management and operation. It was previously announced that GOLD ABC had borrowed 500 Bitcoins from Zhenghe at an average cost of $60,000 per Bitcoin for a one-year term at 8% interest per annum. On November 8th, 2024, MMV and Zhenghe entered into an agreement whereby Zhenghe agreed to waive the interest payment. As
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News
- Agreement to Establish Digital Currency Investment Company Partnership [Yahoo! Finance]Yahoo! Finance
- Agreement to Establish Digital Currency Investment Company PartnershipGlobeNewswire
- 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 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