Lion Group Holding announced that it entered into a non-binding term sheet with Hong Kong Agunua Technology and plans to acquire a 60% post-investment equity stake in Agunua Technology. The investment, valued at $4.8M, will be executed using $2.88M worth of American Depositary Shares, or ADS, of the Company, priced at $1.2 per ADS. This strategic investment marks Lion Group’s significant expansion in the global carbon finance market, further enhancing its core competitiveness in climate financing, green finance, transition finance, and climate AI application services. The closing of the investment is subject to the execution of a definitive agreement and certain closing conditions set forth in the definitive agreement. Carbon assets are the most promising strategic resource for international development over the next 30 years. Agunua Technology holds the exclusive technical mandate and 50-year operating rights for the only authorized carbon rights electronic trading platform in the Solomon Islands-the Solomon International Green Asset Exchange. Through this investment, This move will enhance Lion’s efforts in building green financial infrastructure and expanding into emerging sectors focused on carbon neutrality services. By targeting key global markets, South-South cooperation countries, and the Greater China region, this move will not only diversify and enhance Lion’s innovative product offerings, delivering more comprehensive and specialized carbon finance solutions to the Company’s clients, but also open up substantial revenue opportunities, with SIGX’s revenue expected to surpass $200M by 2029.
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