Reported Earlier, FLJ Group Completes $180M Cash Purchase of Alpha Mind Technology, Terminates Lianlian Acquisition

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FLJ Group Limited - American Depositary Shares

FLJ

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As a result of the completion of the Transaction, Alpha Mind has become a wholly-owned subsidiary of the Company. All the senior management of the Company will stay after the completion of the Transaction.

The Company also announced today that it has, with mutual consents, terminated the equity acquisition agreement entered into with Lianlian Holdings Inc. ("Lianlian") and certain of the Lianlian's shareholders which was previously announced on September 29, 2023.

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