All In FutureTech Alliance Inc. (Nasdaq: AGAE) ("AIFA" or the "Company") today announced that the Company has entered into a package of transaction definitive agreements to acquire an aggregate 57.67% controlling interest in HyalRoute Fiber-Optic Communication Group ("HyalRoute"). This acquisition marks a major milestone in AIFA's transformation into a global technology operating platform with "optics-centered" AI infrastructure.
1. US$10.00 Per Share Reference Price: AIFA Board and Management's Strategic Reassessment of the Company's Value and Market Recognition
Based on an overall valuation of US$4.0 billion for HyalRoute, the total consideration for the acquisition of a 57.67% controlling interest is US$2.3068 billion, payable entirely through the issuance of newly issued AGAE common shares. For purposes of calculating the number of consideration shares, the issuance price is uniformly set at a reference price of US$10.00 per share.
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