The latest update is out from Pop Culture Group ( (CPOP) ).
On April 3, 2025, Pop Culture Group Co., Ltd, through its subsidiary Heliheng Culture Co., Ltd, terminated its original variable interest entity (VIE) agreements with Xiamen Pop Culture Co., Ltd. and subsequently entered into new VIE agreements through another subsidiary, Fujian Hualiu Cultural and Sports Industry Development Co., Ltd. These new agreements, which include an Exclusive Services Agreement, Share Pledge Agreement, and Exclusive Option Agreement, aim to provide the new subsidiary with control over the VIE’s operations and financial interests. This strategic move is expected to streamline the company’s operations and enhance its market positioning by consolidating control over its VIE structure.
More about Pop Culture Group
Pop Culture Group Co., Ltd is a company based in Xiamen City, Fujian Province, China. The company operates in the cultural and sports industry, providing marketing services, management consultation, and technical support, focusing on leveraging technology, human resources, and information.
YTD Price Performance: -52.07%
Average Trading Volume: 672,962
Technical Sentiment Signal: Buy
Current Market Cap: $8.66M
See more data about CPOP stock on TipRanks’ Stock Analysis page.