Moho.US signed an agreement with Anze
date：2020-08-07
browse：（1614）
Keyword： Moho.US , Anze
On August 3, Moho.US announced an investment agreement with Anze Premium Health and Beauty Pte. Ltd, a company engaged in research and development of Chinese herbal Health products.
Moho.US undertakes to pay Anze up to $30 million (including equity and zero-coupon convertible notes) in three installments, each of which is contingent on Anze meeting certain performance conditions described in the transaction documents.
Upon completion of the third and final payment, Moho.US expects to accumulate an equity capital holding of 29.7 percent of Anze.
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