SOLAI receives revised going-private proposal from Chaince Digital at US$3.16 per ADS

PUBT·04/23/2026 13:20:24

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Chaince Digital Holdings submitted revised preliminary non-binding proposal to acquire all SOLAI ordinary shares, including shares represented by ADSs.
Offer set at USD 0.03 per ordinary share, or USD 3.16 per ADS, payable in cash.
Pricing mechanism raised to 170% of net asset value per ordinary share from 110% at most recent quarter-end before closing.
Final price subject to cap of USD 3.20 per ADS.
SOLAI board has not made decision on response to proposal.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SOLAI Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202604230920PR_NEWS_USPR_____CN41960) on April 23, 2026, and is solely responsible for the information contained therein.

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