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An update from NaaS Technology ( (NAAS) ) is now available.
On June 4, 2025, NaaS Technology Inc. entered into a Deed of Settlement with LMR Multi-Strategy Master Fund Limited and other parties to resolve disputes over a US$35 million convertible note issued in October 2024. The settlement includes an initial repayment of US$1.5 million and a commitment to pay US$15 million over 24 months, alongside issuing a warrant to LMR. This agreement led to the withdrawal of a winding-up petition against NaaS, potentially stabilizing its financial standing and preserving its market position in the EV charging sector.
Spark’s Take on NAAS Stock
According to Spark, TipRanks’ AI Analyst, NAAS is a Neutral.
NaaS Technology’s overall stock score reflects its high financial risk due to negative equity and profitability challenges, despite strong revenue growth. Technical analysis indicates bearish trends, while valuation metrics underscore potential overvaluation. However, recent earnings call insights reveal positive shifts towards profitability and efficiency, slightly enhancing the outlook.
To see Spark’s full report on NAAS stock, click here.
More about NaaS Technology
NaaS Technology Inc. operates in the electric vehicle (EV) charging industry, providing services and technology solutions focused on the growth and development of EV charging infrastructure in China.
Average Trading Volume: 588,282
Technical Sentiment Signal: Sell
Current Market Cap: $3.24M
See more data about NAAS stock on TipRanks’ Stock Analysis page.