Intchains Announces Closing of Acquisition of Goldshell Brand-related Assets
29 Febbraio 2024 - 12:00AM
Intchains Group Limited (Nasdaq: ICG) (“Intchains,” “we,” or the
“Company”), a provider of integrated solutions consisting of
high-performance computing ASIC chip products and ancillary
software and hardware for blockchain applications,
today announced that it has completed its
previously reported acquisition of certain assets from
Singapore-based GOLDSHELL PTE. LTD. (the “Seller”), pursuant to an
asset acquisition agreement (the “Asset Acquisition Agreement”)
entered between the Company and the Seller dated December 8, 2023
(the “Transaction”).
Pursuant to the terms and conditions of the
Asset Acquisition Agreement, we acquired all the intellectual
property, information and technical materials used in operating the
Goldshell brand, which primarily include (i) all trademarks and
related materials (including application documents) used in
operating the Goldshell brand; (ii) all websites, applications, and
lawful rights and control over the above-referenced websites and
applications; and (iii) ownership and management rights of all
accounts used in operating the Goldshell brand. As consideration
for the Transaction, we paid a purchase price of US$550,000 in
cash.
“We are delighted to have completed the
Transaction, as it represents a significant step forward in our
penetration of the WEB3 industry,” said Mr. Qiang Ding, Chairman of
the Board of Directors and CEO of Intchains. “Our broad expertise
across blockchain applications, coupled with Goldshell's
well-established infrastructure strength, will bolster our market
presence and strengthen our positioning. We are confident that the
synergies generated by this transaction will yield great benefits
for both Intchains and our stakeholders.”
About Intchains Group
Limited
Intchains Group Limited is a provider of
integrated solutions consisting of high-performance computing ASIC
chip products and ancillary software and hardware for blockchain
applications. The Company utilizes a fabless business model and
specializes in the front-end and back-end of IC design, which are
the major components of the IC product development chain. The
Company has established strong supply chain management with a
leading foundry, which helps to ensure its product quality and
stable production output. The Company’s products consist of
high-performance computing ASIC chip products including ASIC chips
that have high computing power and superior power efficiency and
computing equipment incorporating our ASIC chips, as well as
ancillary software and hardware, which cater to the evolving needs
of the blockchain industry. The Company has built a proprietary
technology platform named “Xihe” Platform, which allows the Company
to develop a wide range of ASIC chips with high efficiency and
scalability. For more information, please visit the Company’s
website at: https://intchains.com/.
Forward-Looking Statements
Certain statements in this announcement are
forward-looking statements. These forward-looking statements
involve known and unknown risks and uncertainties and are based on
the Company’s current expectations and projections about future
events that the Company believes may affect its financial
condition, results of operations, business strategy and financial
needs. Forward-looking statements include, but are not limited to,
statements about: (i) our goals and strategies; (ii) our future
business development, formed condition and results of operations;
(iii) expected changes in our revenue, costs or expenditures; (iv)
growth of and competition trends in our industry; (v) our
expectations regarding demand for, and market acceptance of, our
products; (vi) general economic and business conditions in the
markets in which we operate; (vii) relevant government policies and
regulations relating to our business and industry; and (viii)
assumptions underlying or related to any of the foregoing.
Investors can identify these forward-looking statements by words or
phrases such as “may,” “could,” “will,” “should,” “would,”
“expect,” “plan,” “intend,” “anticipate,” “believe,”
“estimate,” “predict,” “potential,” “project” or “continue” or
the negative of these terms or other comparable terminology. The
Company undertakes no obligation to update or revise publicly any
forward-looking statements to reflect subsequent occurring events
or circumstances, or changes in its expectations, except as may be
required by law. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, it cannot assure you that such expectations will turn
out to be correct, and the Company cautions investors that actual
results may differ materially from the anticipated results and
encourages investors to review other factors that may affect its
future results in the Company’s registration statement and other
filings with the SEC.
For investor and media inquiries, please
contact:
Intchains Group Limited
Investor relationsEmail: ir@intchains.com
Piacente Financial
Communications
In China:
Helen WuTel: +86-10-6508-0677E-mail:
intchains@tpg-ir.com
In the United States:
Brandi PiacenteTel: +1-212-481-2050Email:
intchains@tpg-ir.com
Grafico Azioni Intchains (NASDAQ:ICG)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni Intchains (NASDAQ:ICG)
Storico
Da Dic 2023 a Dic 2024