Lixiang Education signs deal to issue 5,000,000,000 Class B shares for US$2.5 million

Reuters2026/08/19 10:22

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Lixiang Education signed a share subscription agreement on Aug. 19, 2026 with investor Biao Wei.
Wei will subscribe for 5,000,000,000 newly issued Class B ordinary shares for USD 2.5 million, or USD 0.0005 per share.
Completion requires approvals from the board, audit committee, shareholders, and any required SEC-related clearances or filings.
Shares carry a five-year lock-up, with transfers permitted only to the investor’s affiliates subject to the same restriction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lixiang Education Holding Co Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-091392), on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Lixiang Education signs deal to issue 5,000,000,000 Class B shares for US$2.5 million

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