Mergers & Acquisitions ·
AIFU Inc. agrees to acquire Shenzhen Waltz for $44.6M in stock and cash
AIFUAIFU Inc.
AIFU Inc. entered into a transaction agreement on October 21, 2026, to acquire 100% of the equity interests of Waltz Investment Holding Ltd., which indirectly owns 99% of Shenzhen Waltz New Material Applied Technology Co., Ltd. The aggregate consideration is valued at approximately US$44.6 million (RMB300 million), consisting of 11,203,443 Class A ordinary shares issued at $3.00 per share and a cash payment of $11 million payable to Modern Holding Ltd within 365 days following closing. The sellers are expected to hold approximately 15.48% of the company's total issued and outstanding shares post-transaction, subject to a 60-month lock-up period. Closing is expected on or before November 2026, subject to customary conditions. AIFU Inc. operates as an AI-driven independent financial services platform in China.