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MingZhu Logistics to Acquire HOLDCO 36 in Transformational Business Combination
SHENZHEN, China, Sept. 12, 2024 -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced the acquisition of HOLDCO 36 in a transformational business combination. The closing of the all-stock acquisition is subject to customary closing conditions, including regulatory approvals. Mr. Jinlong Yang, Chairman and Chief Executive Officer of MingZhu, commented, "As part of our active M&A process, we have evaluated a series of potential transactions, with regard to long-term potential, valuation, and alignment with building shareholder value. We are excited about the proposed acquisition of HOLDCO 36 because it would immediately transform our business into higher growth, burgeoning market segments with a favorable regulatory environment and underlying demand catalysts. Upon successful deal closure and integration, we would expect to see a meaningful creation of value for...
MingZhu Logistics Holdings Limited Announces Pricing of US$12.0 Million Firm Commitment Initial Public Offering
Shares are Expected to Commence Trading on October 21, 2020 on the NASDAQ Capital Market as "YGMZ"SHENZHEN, China, Oct. 21, 2020 /PRNewswire/ -- MingZhu Logistics Holdings Limited ("MingZhu" or the "Company") (NASDAQ: YGMZ), a China-based trucking services provider, today announced the pricing of its firm commitment initial public offering of 3,000,000 ordinary shares at a public offering price of $4.00 per share, for total gross proceeds of US$12 million, before deducting...
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CONTACTS
At the Company:
Jingwei Zhang
MingZhu Logistics Holdings Limited
Phone: (+86) 186-5937-1270
Email: company@szygmz.com
Investor Relations:
David Pasquale
Global IR Partners
New York Office Phone: +1-914-337-8801
Email: YGMZ@globalirpartners.com
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