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WiMi Hologram Cloud ( (WIMI) ) has shared an announcement.
On June 20, 2025, WiMi Hologram Cloud Inc. announced a strategic investment in its subsidiary, MicroAlgo Inc., by purchasing an Unsecured Convertible Promissory Note valued at $35 million for $32.2 million. This investment aims to provide MicroAlgo with necessary working capital to support its growth and R&D initiatives, while also maintaining the parent-subsidiary relationship amidst MicroAlgo’s rapid expansion. The note includes a conversion feature into MicroAlgo’s Class A ordinary shares at a 60% discount to the market price, and a lock-up agreement restricting share transfer for ten years, indicating a long-term commitment to MicroAlgo’s success.
Spark’s Take on WIMI Stock
According to Spark, TipRanks’ AI Analyst, WIMI is a Neutral.
WiMi’s overall stock score reflects a mixed financial performance with improvements in certain areas like net income and free cash flow. The low valuation suggests potential for upside, but technical indicators signal bearish momentum. The company’s financial stability is strengthened by a strong cash position and low leverage.
To see Spark’s full report on WIMI stock, click here.
More about WiMi Hologram Cloud
WiMi Hologram Cloud Inc. operates in the technology industry, focusing on holographic augmented reality (AR) technologies and applications. The company is known for providing innovative holographic products and services, with a market focus on enhancing digital experiences through AR solutions.
Average Trading Volume: 836,352
Technical Sentiment Signal: Strong Sell
Current Market Cap: $24.06M
For a thorough assessment of WIMI stock, go to TipRanks’ Stock Analysis page.