MingZhu Logistics to Acquire HOLDCO 36 in Transformational Business Combination
MingZhu Logistics Holdings Limited - Ordinary Shares (YGMZ)
Company Research
Source: PR Newswire
SHENZHEN, China, Sept. 12, 2024 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced the acquisition of HOLDCO 36 in a transformational business combination. The closing of the all-stock acquisition is subject to customary closing conditions, including regulatory approvals.Mr. Jinlong Yang, Chairman and Chief Executive Officer of MingZhu, commented, "As part of our active M&A process, we have evaluated a series of potential transactions, with regard to long-term potential, valuation, and alignment with building shareholder value. We are excited about the proposed acquisition of HOLDCO 36 because it would immediately transform our business into higher growth, burgeoning market segments with a favorable regulatory environment and underlying demand catalysts. Upon successful deal closure and integration, we would expect to see a meaningful creation of value
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YGMZ
Sec Filings
- 10/24/24 - Form 6-K
- 10/18/24 - Form 6-K
- 9/13/24 - Form 6-K
- YGMZ's page on the SEC website