http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Tue, 12 May 2026 07:00:49 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html <p>Cloopen Group Holding Limited (OTC: RAASY) announced it has entered into a definitive merger agreement with a consortium led by founder and CEO Changxun Sun for a going-private transaction valued at approximately $162.89 million.</p> <p>The buyer group includes Sun, his wholly-owned subsidiary Cloopen Co., Ltd., Trustbridge Partners VII, L.P., Trustbridge Partners V, L.P., Retail Technology Asia Limited (a subsidiary of Dmall Inc., HKEX: 2586), Novo Investment HK Limited, Image Frame Investment (HK) Limited, Parantoux Vintage PE Ltd., and Flawless Success Limited. The consortium currently owns approximately 28.42% of outstanding shares, representing about 57.25% of voting power.</p> <p>Under the merger terms, shareholders will http://www.streetinsider.com/Mergers+and+Acquisitions/Cloopen+agrees+to+%24162.89+million+going-private+deal/26472763.html Tue, 12 May 2026 07:00:49 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Press+Releases/Cloopen+Enters+into+Definitive+Merger+Agreement+for+Going-Private+Transaction/26472699.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/cn..beijng" idsrc="xmltag.org" >BEIJING</location></span>, <span class="legendSpanClass"><chron>May 12, 2026</chron></span> /PRNewswire/ -- <span value="OTC-PINK:RAASY" idsrc="xmltag.org" >Cloopen Group Holding Limited</span> (OTC: RAASY) ("<span value="OTC-PINK:RAASY" idsrc="xmltag.org" >Cloopen</span>" or the "Company") today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with <span>SpringX Holdings Limited</span>, an exempted company incorporated with limited liability under the laws of the <location value="LC/ky" idsrc="xmltag.org" >Cayman Islands</location> ("Parent"), <span>AutumnX Holdings Limited</span> ("<span value="ACORN:3074724051" idsrc="xmltag.org" >HoldCo</span>"), an exempted company incorporated with limited liability under the laws of the <location value="LC/ky" idsrc="xmltag.org" >Cayman Islands</location> and a <span id="spanHghltcbb2">wholly-owned subsidiary of Hold</span><span>C</span><span>o, p</span><span id="spanHghlte7db">ursuant http://www.streetinsider.com/Press+Releases/Cloopen+Enters+into+Definitive+Merger+Agreement+for+Going-Private+Transaction/26472699.html Tue, 12 May 2026 07:00:00 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Press+Releases/Cloopen+Enters+into+Definitive+Merger+Agreement+for+Going-Private+Transaction/26472699.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/cn..beijng" idsrc="xmltag.org" >BEIJING</location></span>, <span class="legendSpanClass"><chron>May 12, 2026</chron></span> /PRNewswire/ -- <span value="OTC-PINK:RAASY" idsrc="xmltag.org" >Cloopen Group Holding Limited</span> (OTC: RAASY) ("<span value="OTC-PINK:RAASY" idsrc="xmltag.org" >Cloopen</span>" or the "Company") today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with <span>SpringX Holdings Limited</span>, an exempted company incorporated with limited liability under the laws of the <location value="LC/ky" idsrc="xmltag.org" >Cayman Islands</location> ("Parent"), <span>AutumnX Holdings Limited</span> ("<span value="ACORN:3074724051" idsrc="xmltag.org" >HoldCo</span>"), an exempted company incorporated with limited liability under the laws of the <location value="LC/ky" idsrc="xmltag.org" >Cayman Islands</location> and a <span id="spanHghltcbb2">wholly-owned subsidiary of Hold</span><span>C</span><span>o, p</span><span id="spanHghlte7db">ursuant http://www.streetinsider.com/Press+Releases/Cloopen+Enters+into+Definitive+Merger+Agreement+for+Going-Private+Transaction/26472699.html Tue, 12 May 2026 07:00:00 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Press+Releases/Cloopen+Enters+into+Definitive+Merger+Agreement+for+Going-Private+Transaction/26472699.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/cn..beijng" idsrc="xmltag.org" >BEIJING</location></span>, <span class="legendSpanClass"><chron>May 12, 2026</chron></span> /PRNewswire/ -- <span value="OTC-PINK:RAASY" idsrc="xmltag.org" >Cloopen Group Holding Limited</span> (OTC: RAASY) ("<span value="OTC-PINK:RAASY" idsrc="xmltag.org" >Cloopen</span>" or the "Company") today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with <span>SpringX Holdings Limited</span>, an exempted company incorporated with limited liability under the laws of the <location value="LC/ky" idsrc="xmltag.org" >Cayman Islands</location> ("Parent"), <span>AutumnX Holdings Limited</span> ("<span value="ACORN:3074724051" idsrc="xmltag.org" >HoldCo</span>"), an exempted company incorporated with limited liability under the laws of the <location value="LC/ky" idsrc="xmltag.org" >Cayman Islands</location> and a <span id="spanHghltcbb2">wholly-owned subsidiary of Hold</span><span>C</span><span>o, p</span><span id="spanHghlte7db">ursuant http://www.streetinsider.com/Press+Releases/Cloopen+Enters+into+Definitive+Merger+Agreement+for+Going-Private+Transaction/26472699.html Tue, 12 May 2026 07:00:00 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Press+Releases/Cloopen+Enters+into+Definitive+Merger+Agreement+for+Going-Private+Transaction/26472699.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/cn..beijng" idsrc="xmltag.org" >BEIJING</location></span>, <span class="legendSpanClass"><chron>May 12, 2026</chron></span> /PRNewswire/ -- <span value="OTC-PINK:RAASY" idsrc="xmltag.org" >Cloopen Group Holding Limited</span> (OTC: RAASY) ("<span value="OTC-PINK:RAASY" idsrc="xmltag.org" >Cloopen</span>" or the "Company") today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with <span>SpringX Holdings Limited</span>, an exempted company incorporated with limited liability under the laws of the <location value="LC/ky" idsrc="xmltag.org" >Cayman Islands</location> ("Parent"), <span>AutumnX Holdings Limited</span> ("<span value="ACORN:3074724051" idsrc="xmltag.org" >HoldCo</span>"), an exempted company incorporated with limited liability under the laws of the <location value="LC/ky" idsrc="xmltag.org" >Cayman Islands</location> and a <span id="spanHghltcbb2">wholly-owned subsidiary of Hold</span><span>C</span><span>o, p</span><span id="spanHghlte7db">ursuant http://www.streetinsider.com/Press+Releases/Cloopen+Enters+into+Definitive+Merger+Agreement+for+Going-Private+Transaction/26472699.html Tue, 12 May 2026 07:00:00 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY http://www.streetinsider.com/Press+Releases/Cloopen+Enters+into+Definitive+Merger+Agreement+for+Going-Private+Transaction/26472699.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/cn..beijng" idsrc="xmltag.org" >BEIJING</location></span>, <span class="legendSpanClass"><chron>May 12, 2026</chron></span> /PRNewswire/ -- <span value="OTC-PINK:RAASY" idsrc="xmltag.org" >Cloopen Group Holding Limited</span> (OTC: RAASY) ("<span value="OTC-PINK:RAASY" idsrc="xmltag.org" >Cloopen</span>" or the "Company") today announced that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with <span>SpringX Holdings Limited</span>, an exempted company incorporated with limited liability under the laws of the <location value="LC/ky" idsrc="xmltag.org" >Cayman Islands</location> ("Parent"), <span>AutumnX Holdings Limited</span> ("<span value="ACORN:3074724051" idsrc="xmltag.org" >HoldCo</span>"), an exempted company incorporated with limited liability under the laws of the <location value="LC/ky" idsrc="xmltag.org" >Cayman Islands</location> and a <span id="spanHghltcbb2">wholly-owned subsidiary of Hold</span><span>C</span><span>o, p</span><span id="spanHghlte7db">ursuant http://www.streetinsider.com/Press+Releases/Cloopen+Enters+into+Definitive+Merger+Agreement+for+Going-Private+Transaction/26472699.html Tue, 12 May 2026 07:00:00 -0400 2586 A.05152122 A.30747240 A.33335930 A.38966998 A.50201028 A.50201953 A.50214900 A.50215026 O.00637092 O.00857217 O.01833791 O.04131388 O.11030040 O.15187312 O.29390606 O.49875626 O.54377249 O.69750724 RAASY