MultiMetaVerse Stock Jumps On Proposed Acquisition Of Bowong AI - What's On The Cards?
MultiMetaVerse Stock Jumps On Proposed Acquisition Of Bowong AI - What's On The Cards?
MultiMetaVerse Holdings Limited (NASDAQ:MMV), an animation and entertainment company, has signed a non-binding term sheet to acquire 100% of Bowong Technology (Shenzhen) Co., Ltd. and its subsidiaries.
動畫和娛樂公司Multimetaverse Holdings Limited（納斯達克股票代碼：MMV）簽署了一份不具約束力的條款表，以收購博旺科技（深圳）有限公司及其子公司的100％股份。
MMV will issue Class A ordinary shares as consideration, subject to further due diligence and negotiation, with a one-year lock-up period. MMV has an exclusive 90-day period to finalize a definitive agreement to acquire Bowong AI.
MMV將發行A類普通股作爲對價，但須進行進一步的盡職調查和談判，鎖定期爲一年。MMV有90天的獨家期限來敲定收購Bowong AI的最終協議。
Founded in 2022, Bowong AI specializes in artificial intelligence solutions for the e-commerce sector. Bowong AI's primary strength is its proprietary AI models, specifically designed for e-commerce content creation, which address the time and budget constraints of human resources.
Bowong AI成立於2022年，專門爲電子商務領域提供人工智能解決方案。Bowong AI的主要優勢在於其專有的人工智能模型，該模型專爲電子商務內容創作而設計，可解決人力資源的時間和預算限制。
Recently, Bowong AI completed its Series A funding, raising several million dollars. The proceeds will be used to further develop its models and technologies in the e-commerce field, expand its market into Asia and North America, and recruit top talent.
最近，Bowong AI完成了其A輪融資，籌集了數百萬美元。所得款項將用於進一步開發其在電子商務領域的模式和技術，將其市場擴展到亞洲和北美以及招募頂尖人才。
"We believe that e-commerce related AI will be one of the earliest niche markets resulting in commercial success in the AI revolution. Besides, Bowong AI's expertise in image and video generative AI will be a great synergy for MMV's animation and gaming business and may further improve quality of the contents and reduce production costs. Their AI-powered e-commerce business model will also boost our merchandise business," commented Yiran Xu, Chairman and CEO of MMV.
“我們相信，與電子商務相關的人工智能將成爲最早的利基市場之一，從而在人工智能革命中取得商業成功。此外，Bowong AI在圖像和視頻生成人工智能方面的專業知識將爲MMV的動畫和遊戲業務帶來巨大的協同效應，並可能進一步提高內容質量並降低製作成本。他們的人工智能驅動的電子商務商業模式也將促進我們的商品業務。” MMV董事長兼首席執行官徐怡然評論道。
Price Action: MMV shares are trading higher by 84.5% at $1.09 at the last check Monday.
價格走勢：週一最後一次支票時，MMV股價上漲84.5％，至1.09美元。
Photo courtesy: Shutterstock
照片來源：Shutterstock
譯文內容由第三人軟體翻譯。