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Cloopen shareholders approve merger that will take company private

Thu, 24 Sep 2026 07:01:37 -0400

Cloopen Group Holding Limited (OTC: RAASY) announced that its shareholders voted to approve a merger agreement at an extraordinary general meeting held Sept. 24, 2026, in Beijing.

The merger agreement, involving SpringX Holdings Limited as parent, AutumnX Holdings Limited as HoldCo, and SummerX Holdings Limited as the merger subsidiary, received approximately 99.98% of total votes cast at the meeting.

Under the terms of the agreement, SummerX Holdings Limited will merge with and into Cloopen, with Cloopen surviving as a wholly-owned subsidiary of AutumnX Holdings Limited. All entities involved are exempted companies incorporated under the laws of the Cayman Islands.

If the merger is

Cloopen shareholders approve merger that will take company private

Thu, 24 Sep 2026 07:01:37 -0400

Cloopen Group Holding Limited (OTC: RAASY) announced that its shareholders voted to approve a merger agreement at an extraordinary general meeting held Sept. 24, 2026, in Beijing.

If the merger is

Cloopen Group Holding Limited Announces Shareholders' Approval of Merger Agreement

Thu, 24 Sep 2026 07:00:00 -0400

BEIJING, Sept. 24, 2026 /PRNewswire/ -- Cloopen Group Holding Limited (OTC: RAASY) ("Cloopen" or the "Company"), today announced that at an extraordinary general meeting of shareholders (the "EGM") held today, the Company's shareholders voted in favor of the proposal to authorize and approve the previously announced Agreement and Plan of Merger (the "Merger Agreement") with SpringX Holdings Limited, an exempted company incorporated with limited liability under the laws of the

Cloopen Group Holding Limited Announces Shareholders' Approval of Merger Agreement

Thu, 24 Sep 2026 07:00:00 -0400

Cloopen Group Holding Limited Announces Shareholders' Approval of Merger Agreement

Thu, 24 Sep 2026 07:00:00 -0400

Cloopen Group Holding Limited Announces Shareholders' Approval of Merger Agreement

Thu, 24 Sep 2026 07:00:00 -0400

Cloopen makes board changes, reappoints two directors

Thu, 05 Feb 2026 07:00:17 -0400

Cloopen Group Holding Limited (OTC: RAASY) announced changes to its board of directors and compensation committee membership, effective February 5, 2026.

The company said Qingsheng Zheng and Ye Yuan resigned as directors for personal reasons. Both confirmed they have no disagreement with the company regarding its operations, policies or practices.

The board approved the reappointment of both Zheng and Yuan as directors, conditional upon receiving their executed consent to act.

Yuan also resigned from the compensation committee. The board appointed Pengfei Yuan, a current director, to serve as a member of the compensation committee, effective the same date.

Cloopen operates as a cloud-based communications

Cloopen makes board changes, reappoints two directors

Thu, 05 Feb 2026 07:00:17 -0400

Cloopen Group Holding Limited (OTC: RAASY) announced changes to its board of directors and compensation committee membership, effective February 5, 2026.

The company said Qingsheng Zheng and Ye Yuan resigned as directors for personal reasons. Both confirmed they have no disagreement with the company regarding its operations, policies or practices.

The board approved the reappointment of both Zheng and Yuan as directors, conditional upon receiving their executed consent to act.

Yuan also resigned from the compensation committee. The board appointed Pengfei Yuan, a current director, to serve as a member of the compensation committee, effective the same date.

Cloopen operates as a cloud-based communications

Cloopen makes board changes, reappoints two directors

Thu, 05 Feb 2026 07:00:17 -0400

Cloopen Group Holding Limited (OTC: RAASY) announced changes to its board of directors and compensation committee membership, effective February 5, 2026.

The company said Qingsheng Zheng and Ye Yuan resigned as directors for personal reasons. Both confirmed they have no disagreement with the company regarding its operations, policies or practices.

The board approved the reappointment of both Zheng and Yuan as directors, conditional upon receiving their executed consent to act.

Yuan also resigned from the compensation committee. The board appointed Pengfei Yuan, a current director, to serve as a member of the compensation committee, effective the same date.

Cloopen operates as a cloud-based communications

Cloopen Announces Changes to Board of Directors and Committee Membership

Thu, 05 Feb 2026 07:00:00 -0400

BEIJING, Feb. 5, 2026 /PRNewswire/ -- Cloopen Group Holding Limited (OTC: RAASY) ("Cloopen" or the "Company") today announced that its Board of Directors (the "Board") has approved resolutions regarding changes to the composition of the Board and the Compensation Committee, effective February 5, 2026.

Board Composition and Re-appointments The Company announced that Mr. Qingsheng Zheng and Mr. Ye Yuan have tendered their resignations as directors of the Board for personal reasons. Both Mr. Zheng and Mr. Yuan have confirmed that they have no disagreement with the Company on any matter relating to the

Cloopen Announces Changes to Board of Directors and Committee Membership

Thu, 05 Feb 2026 07:00:00 -0400

Cloopen Announces Changes to Board of Directors and Committee Membership

Thu, 05 Feb 2026 07:00:00 -0400

Cloopen Announces Changes to Board of Directors and Committee Membership

Thu, 05 Feb 2026 07:00:00 -0400

Cloopen Announces Changes to Board of Directors and Committee Membership

Thu, 05 Feb 2026 07:00:00 -0400

Cloopen Announces Changes to Board of Directors and Committee Membership

Thu, 05 Feb 2026 07:00:00 -0400

Cloopen receives $2.96 per ADS going-private proposal from CEO and partner

Wed, 24 Dec 2025 07:00:57 -0400

Cloopen Group Holding Limited (OTC: RAASY) announced December 24 that its board received a preliminary non-binding proposal to take the company private. The proposal came from CEO and founder Changxun Sun and Trustbridge Partners VII, L.P., dated December 22.

The buyer group proposed acquiring all outstanding Class A and Class B ordinary shares not already owned by them for $0.4940 per ordinary share, or $2.9641 per American depositary share, in cash. Each ADS represents six Class A ordinary shares.

The proposed price represents a 51.23% premium to the company's closing price on the last trading day before the proposal date. It also

Cloopen receives $2.96 per ADS going-private proposal from CEO and partner

Wed, 24 Dec 2025 07:00:57 -0400

The proposed price represents a 51.23% premium to the company's closing price on the last trading day before the proposal date. It also

Cloopen receives $2.96 per ADS going-private proposal from CEO and partner

Wed, 24 Dec 2025 07:00:57 -0400

The proposed price represents a 51.23% premium to the company's closing price on the last trading day before the proposal date. It also

Cloopen receives $2.96 per ADS going-private proposal from CEO and partner

Wed, 24 Dec 2025 07:00:57 -0400

The proposed price represents a 51.23% premium to the company's closing price on the last trading day before the proposal date. It also

Cloopen Announces Receipt of Preliminary Non-Binding "Going Private" Proposal