MicroAlgo Inc., a technology company based in Shenzhen, China, has entered into a Securities Purchase Agreement with an unnamed purchaser, as detailed in a Form 6-K report filed with the U.S. Securities and Exchange Commission (SEC) for January 2024. The agreement, dated January 11, 2024, outlines the sale of 2,900,000 shares of MicroAlgo at a per-share price of $0.50, totaling an aggregate consideration of $1,450,000. This transaction is part of a broader registration statement under the Securities Act of 1933, which became effective on December 27, 2023. The shares are to be issued pursuant to an effective registration statement, and the closing of the sale is subject to customary conditions and the satisfaction of mutual covenants. The agreement also includes various representations and warranties by both MicroAlgo and the purchaser, covering aspects such as organization, authority, informed investment decisions, and regulatory permits. The transaction documents, including the Securities Purchase Agreement, are governed by the laws of the State of New York.

MicroAlgo Inc., a technology company based in Shenzhen, China, has entered into a Securities Purchase Agreement with an unnamed purchaser, as detailed in a Form 6-K report filed with the U.S. Securities and Exchange Commission (SEC) for January 2024. The agreement, dated January 11, 2024, outlines the sale of 2,900,000 shares of MicroAlgo at a per-share price of $0.50, totaling an aggregate consideration of $1,450,000. This transaction is part of a broader registration statement under the Securities Act of 1933, which became effective on December 27, 2023. The shares are to be issued pursuant to an effective registration statement, and the closing of the sale is subject to customary conditions and the satisfaction of mutual covenants. The agreement also includes various representations and warranties by both MicroAlgo and the purchaser, covering aspects such as organization, authority, informed investment decisions, and regulatory permits. The transaction documents, including the Securities Purchase Agreement, are governed by the laws of the State of New York.