FLJ Group Limited Announces Completion of Acquisition of Alpha Mind Technology Limited and Termination of the Lianlian Acquisition
SHANGHAI, China, Dec. 28, 2023 (GLOBE NEWSWIRE) -- FLJ Group Limited (NASDAQ:FLJ) (the "Company"), today announced the completion of the transaction previously announced on November 22, 2023 between Alpha Mind Technology Limited (the "Target Company" or "Alpha Mind"), the Target Company's shareholders (the "Sellers") and the Company (the "Transaction"). Pursuant to the previously announced equity acquisition agreement between the Company, Alpha Mind and the Sellers, the Company acquires all the issued and outstanding shares in the Target Company for an aggregate all-cash purchase price of US$180,000,000 or RMB equivalent, paid in the form of a promissory note (collectively, the "Notes") d
