Unavailable
Unavailable
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
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, Aug. 14, 2025 /PRNewswire/ -- TROOPS, Inc. (NASDAQ:TROO) ("TROOPS" or the "Company") today announced the Company signed a non-binding Memorandum of Understanding ("MOU") to acquire a portfolio of UK property assets valued at approximately £40 million on August 13, 2025. This strategic acquisition accelerates TROOPS' global growth strategy, diversifying its asset mix with income-generating international real estate across markets from Asia to Europe. Strategic Transaction Highlights - £40 Million Portfolio: Acquisition of UK property-holding companies, combining cash consideration and issuance of TROOPS' ordinary shares to eligible investors. - Global Expansion: Builds on TROOPS'
HONG KONG, July 25, 2025 /PRNewswire/ -- TROOPS, Inc. (NASDAQ:TROO) ("TROOPS" or the "Company") today announced that the Company has initiated its stock repurchasing plan by entering into a stock repurchase agreement (the "Stock Repurchase Agreement") with an existing shareholder (the "Shareholder"). On July 18, 2025, the Shareholder agreed to the Company's notice to exercise its repurchase option as outlined in the stock purchase agreement dated on May 28, 2025. On July 22, 2025, the Company entered into the Stock Repurchase Agreement with the Shareholder, pursuant to which the Shareholder agreed to sell, and the Company agreed to repurchase 4,400,000 shares at a purchase price of US$0.90
HONG KONG, July 16, 2025 /PRNewswire/ -- TROOPS, Inc. (NASDAQ:TROO) ("TROOPS" or the "Company") today announced that its wholly-owned subsidiary, Giant Connection Limited (the "Purchaser"), has entered into a Letter of Intent ("LOI") with Jupiter Stone Holding Limited (the "Vendor") to acquire a 49% equity interest in Y Concept Holding Limited, the Hong Kong parent company of The Cara Hotel, a co-living and co-working space in Malaysia. Key Transaction Details Acquisition Structure: Giant Connection Limited will acquire 49% of Jupiter Stone Holding Limited's 62.5% ownership in Y Concept Holding Limited. The LOI includes a put option for the Vendor to sell the remaining 51% at a later date.P