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An update from TuanChe ( (TC) ) is now available.
Token Cat Limited, a Cayman Islands exempted company, announced on September 10, 2025, that it has entered into a share purchase agreement to sell 100% equity interest in its subsidiaries to Prime Management Group Limited for a nominal cash consideration of $1. This transaction involves several subsidiaries across different regions, including Hong Kong and the People’s Republic of China. The closing of this disposition is contingent upon certain conditions, such as shareholder approval and a fairness opinion from an independent firm. An Extraordinary General Meeting of shareholders is scheduled for October 13, 2025, to vote on this transaction and the adoption of the company’s 2025 Equity Incentive Plan.
Spark’s Take on TC Stock
According to Spark, TipRanks’ AI Analyst, TC is a Underperform.
TuanChe faces significant financial challenges with declining revenues and high leverage, leading to financial instability. The technical analysis shows a bearish trend, while the valuation indicates unattractiveness due to consistent losses. Overall, the stock is rated low due to financial distress and bearish technical indicators.
To see Spark’s full report on TC stock, click here.
More about TuanChe
Average Trading Volume: 18,325
Technical Sentiment Signal: Sell
Current Market Cap: $23.68M
For an in-depth examination of TC stock, go to TipRanks’ Overview page.