AIOS Tech Inc. Announces Agreement to Acquire SmartCore Holdings in All-Stock Transaction Valued at Approximately US$100 Million
AIOS Tech signed a transaction agreement to acquire SmartCore Holdings in an all-stock deal valued at approximately US$100 million, issuing 33,333,334 Class A shares valued at US$3.00 per share to the Sellers, with no cash consideration payable. The Consideration Shares are massive relative to the current float: based on roughly 3.25 million Class A and 5 million Class B shares outstanding pre-close, the Sellers would hold about 80.16% of total shares but only about 6.21% of voting power, given Class B shares carry 100 votes each. Better Way Holdings' shares are locked up for 60 months post-closing.
Key figures
- Deal Value Usd
- 100000000
- Offering Price
- 3
- Shares Offered
- 33333334
- Lock up months
- 60
- Consideration type
- all-stock
- Expected close date
- 2026-11-30
- Class b votes per share
- 100
- Consideration shares par value
- US$0.0001
- Easypay thailand ownership pct
- 80%
- Sellers post close ownership pct
- 80.16%
- Sellers post close voting power pct
- 6.21%
- Class a shares outstanding pre close
- 3249337
- Class b shares outstanding pre close
- 5000000
AI analysis
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