Rosenblatt Reiterates Buy on NQ Mobile (NQ)

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NQ Mobile (NQ) Chairman Shi Enters Agreement to Purchase Up to 96M Shares

March 29, 2016 6:58 AM EDT

NQ Mobile Inc. (NYSE: NQ) announced that it has entered into a legally binding share purchase agreement (the "SPA") with Dr. Vincent Wenyong Shi, the chairman and chief operating officer of the Company, for the issuance and sale of up to a maximum of 96,000,000 Class A common shares of the Company to Dr. Shi (the... More