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Meiwu Zhishi Technology Ends Key Agreements Affecting Control Structure

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Meiwu Zhishi Technology Ends Key Agreements Affecting Control Structure

An update from Meiwu Technology Company Limited ( (WNW) ) is now available.

Meiwu Zhishi Technology (Shenzhen) Co., Ltd. has agreed to terminate multiple agreements with Guo Gangtong Trade (Shenzhen) Co., Ltd. and several other parties. These agreements, originally signed on March 2, 2019, included technical consulting, purchase rights, and shareholder rights entrustment, among others. The termination, effective immediately, releases all parties from their rights and obligations under these agreements and requires the release of equity pledges within 15 working days, potentially impacting the company’s control structure and stakeholder relationships.

More about Meiwu Technology Company Limited

YTD Price Performance: -40.24%

Average Trading Volume: 303,905

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $128M

Find detailed analytics on WNW stock on TipRanks’ Stock Analysis page.

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