ANTE - AirNet announces equity purchase agreement shares +20%

AirNet Technology (ANTE) has entered into an equity purchase framework agreement with BitGeek Information Technology and BitGeek's shareholders, independent third parties of the Company, to purchase 100% of the equity interests in BitGeek with an issuance of ordinary shares of the Company to BitGeek's shareholders.Mr. Herman Guo, the Chairman and CEO: "The acquisition of the equity interest in BitGeek will align the Company with the swift advancements of the blockchain technology as well as equipment specifically designed and applications tailored specifically for cloud computing and supercomputing. Combined with the its industrial acumens, the new alignment shall expand and broaden the Company's ability to provide blockchain empowered solutions to its existing and potential clients."Shares +20% premarket.

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AirNet announces equity purchase agreement, shares +20%