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Cloopen Group Holding ( (RAASY) ) just unveiled an update.
On January 8, 2026, Cloopen Group Holding Limited announced that a special committee of its board of directors, formed to review a preliminary non-binding acquisition proposal received on December 22, 2025, has engaged Kroll, LLC as its independent financial advisor and Hogan Lovells as its U.S. legal counsel. The committee’s ongoing evaluation underscores that no decision has yet been reached on the proposal, and the board warned shareholders there is no assurance that a definitive offer, binding agreement, or any resulting transaction will ultimately materialize, leaving the company’s strategic direction and potential change-of-control outcome uncertain for investors and other stakeholders.
More about Cloopen Group Holding
Cloopen Group Holding Limited is a China-based provider of multi-capability cloud-based communications solutions, offering a full suite of services including communications platform as a service (CPaaS), cloud-based contact centers, and cloud-based unified communications and collaboration tools aimed at enhancing enterprise communication efficiency and operational productivity. The company focuses on driving the transformation of the enterprise communications industry through innovative, SaaS-based tools and marketing and operational solutions for business customers across China.
Average Trading Volume: 37,608
Technical Sentiment Signal: Buy
Current Market Cap: $111.2M
For a thorough assessment of RAASY stock, go to TipRanks’ Stock Analysis page.