Nasdaq-listed company UTime plans to acquire Web3 data platform Feixiaohao for $80 million

GateNews

2026-03-13 12:52:41

Gate News: On March 13, NASDAQ-listed company UTime announced that it has signed a non-binding letter of intent to acquire 100% equity of Web3 data platform Feixiaohao for up to $80 million. The deal includes $64 million in stock or convertible preferred shares and $16 million in cash. The transaction is subject to the signing of a formal agreement and the fulfillment of closing conditions.

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