TROOPS Inc. Announces $12.6 Million Share Purchase Agreement with Wang & Lee Holdings

Reuters

31 May

TROOPS Inc. Announces $12.6 Million Share Purchase Agreement with Wang & Lee Holdings

TROOPS Inc., a Cayman Islands-based company, has announced a Stock Purchase Agreement dated May 28, 2025, with WANG & LEE HOLDINGS, INC. Under the agreement, TROOPS Inc. will issue and sell 14,050,000 shares for a total subscription amount of $12,645,000. The agreement is made in accordance with Section 4(a)(2) of the Securities Act of 1933 and Regulation S. The authorized signatory for the transaction is Ho Pui Lung, who serves as the Chairman and CEO.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TROOPS Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-054918), on May 30, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Announces $12.6 Million Share Purchase Agreement with Wang & Lee Holdings","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      TROOPS Inc. Announces $12.6 Million Share Purchase Agreement with Wang &amp; Lee Holdings\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        TROOPS Inc., a Cayman Islands-based company, has announced a Stock Purchase Agreement dated May 28, 2025, with WANG &amp; LEE HOLDINGS, INC. Under the agreement, TROOPS Inc. will issue and sell 14,050,000 shares for a total subscription amount of $12,645,000. The agreement is made in accordance with Section 4(a)(2) of the Securities Act of 1933 and Regulation S. 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