Luckin Coffee Announces Rights Agreement Amendment

Luckin Coffee (LKNCY) has released an update.

Luckin Coffee Inc. has announced a significant amendment to its Rights Agreement, initially dated October 14, 2021, which includes an updated expiration time and address for the company. The amendment, effective as of October 10, 2024, allows for changes to the agreement without the need for approval from rights holders prior to a specified date. This strategic update reflects the company’s ongoing commitment to its corporate governance structure and the adaptability of its legal framework.

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