Luda Technology Signs Deal to Buy 55% of AI Data Quant Tech for US$935,000

Bitget2026/10/30 13:01

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Luda Technology signed an agreement on October 29, 2026, to acquire 55% of AI Data Quant Tech for US$ 935,000.
The acquisition follows a previously signed memorandum of understanding and marks entry into computing infrastructure operations management.
Consideration comprises US$ 600,000 in cash and US$ 335,000 in newly issued ordinary shares.
US$ 400,000 has been paid; the remaining US$ 200,000 is due within three months of signing.
The share consideration references 91,780 ordinary shares at US$ 3.65 each, the closing price on October 14, 2026.

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. Luda Technology Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610300900PRIMZONEFULLFEED9856865) on October 30, 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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Luda Technology Signs Deal to Buy 55% of AI Data Quant Tech for US$935,000

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