Star Group acquisition of Singularity AI (2023)
deal·acquisition·closed
Acquisition involving an in-scope AI-music or AI-audio organization.
Recorded facts
| Official site | https://vip.stock.finance.sina.com.cn/corp/view/vCB_AllBulletinDetail.php?id=9292386&stockid=300418 ↗ |
|---|---|
| Geography | Mainland China / offshore holding structure |
| closing date | unknown |
| parent company | org_kunlun_tech |
| announcement date | 2023-06-15 |
| transaction state | completed |
| transaction value | value: 160000000 · currency: USD · qualifier: exact · disclosure state: disclosed |
| buyer organization | org_star_group_interactive |
| target organization | org_singularity_ai |
| transaction structure | Star Group issued shares to acquire 100% of Singularity AI; the seller group was to hold 25% of Star Group after the transaction. |
| completion evidence date | 2023-08-25 |
| ownership acquired percent | 100 |
Current
| buyer in (by) | Star Group Interactive Inc. 2023-06-15 — nowSource 1 ↗ VERIFIED high confidence |
|---|---|
| target in (by) | Singularity AI Technology Limited 2023-06-15 — nowSource 1 ↗ VERIFIED high confidence |
Sources & changes
Checked 10d ago · highhow verification works
Field-level evidence
Public change history
- Status unknown → closed
- Official URL unknown → vip.stock.finance.sina.com.cn/corp/view/vCB_AllBulletinDetail.php?id=9292386&stockid=300418
- Record maintenance · 12 fields updated
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