BGM Group (BGM) Acquires YX
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BGM Acquires YX to Strengthen AI Strategy for Its Intelligent Platform
March 19, 2025 8:30 AM EDTCHENGDU, China, March 19, 2025 /PRNewswire/ --Â BGM Group Ltd. (the "Company" or BGM) (NASDAQ: BGM) today announced that it has signed a definitive agreement with the existing shareholders of YX Management Company Ltd. ("YX"), a smart mobility technology company. Under the agreement, BGM will acquire 100% of the equity interests of YX by issuing 47.5 million class A ordinary shares to its existing shareholders, valuing YX at US$95.0 million. This... More
