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home / articles / KXIN - From R&D To Runways: Kaixin Auto Reveals Strategic Move To Own 100% Of WM Motor | Benzinga


KXIN - From R&D To Runways: Kaixin Auto Reveals Strategic Move To Own 100% Of WM Motor | Benzinga

Kaixin Auto Holdings (NASDAQ: KXIN) has signed a non-binding acquisition term sheet with WM Motor Holdings Limited and is planning to issue a certain number of new shares to acquire 100% of equity of WM Motor held by its current shareholders.

WM Motor is a smart new energy vehicle company in China with capabilities ...

Full story available on Benzinga.com

Stock Information

Company Name: Kaixin Auto Holdings
Stock Symbol: KXIN
Market: NYSE
Website: ir.kaixin.com

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