Amendment: SEC Form 20-F/A filed by TROOPS Inc.
$TROO
Radio And Television Broadcasting And Communications Equipment
Technology
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6-K - Troops, Inc. /Cayman Islands/ (0001412095) (Filer)
6-K - Troops, Inc. /Cayman Islands/ (0001412095) (Filer)
6-K - Troops, Inc. /Cayman Islands/ (0001412095) (Filer)
HONG KONG, April 3, 2025 /PRNewswire/ -- TROOPS, Inc. (NASDAQ:TROO) (the "Company" or "TROOPS") today announced it has received the initial tranche of a strategic investment exceeding US$10 million from Wang & Lee Group, Inc. (NASDAQ:WLGS) ("Wang & Lee") which is expected to be complete by mid-April 2025. This milestone underscores the rapid progression of the partnership announced by Wang & Lee on March 31, 2025, aimed at integrating cutting-edge AI, IoT, and blockchain technologies across TROOPS' portfolio. Accelerating Innovation in Smart Communities This initial investment marks a critical step in realizing the shared vision of TROOPS and Wang & Lee of creating smarter, greener communit
Hong Kong, March 31, 2025 (GLOBE NEWSWIRE) -- Wang and Lee Group, Inc. (NASDAQ:WLGS) today announced its strategic investment in Nasdaq-listed TROOPS, Inc. (NASDAQ:TROO). This collaboration aims to unlock synergies by integrating Wang and Lee's cutting-edge AI-driven advertising media, smart home devices, and blockchain-powered token rewards into TROOPS' expansive infrastructure. The proposed investment will enable Wang and Lee to deploy its AI-driven digital advertising platforms and IoT-enabled smart home solutions across TROOPS' potential 200-building portfolio, reaching its vast number of tenants and visitors. Central to the partnership is the introduction of an Environmental, Social,
Strategic Moves to Expand Footprint in Hong Kong's Real Estate and Insurance Sectors HONG KONG, March 24, 2025 /PRNewswire/ -- TROOPS, Inc. (NASDAQ:TROO) (the "Company" or "TROOPS") today announced two strategic initiatives to accelerate its growth in Asia. The Company has commenced preliminary due diligence on a prominent Hong Kong-based insurance brokerage as a potential acquisition target and is in advanced negotiations to acquire Bestfaith International Technology Limited ("Bestfaith"), a leading building management company servicing over 200 buildings across Hong Kong. Preliminary Due Diligence on Insurance Brokerage TROOPS is conducting preliminary due diligence on an insurance broker