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GigaCloud to Acquire New Classic Home Furnishings for $18 million.
ByAinvest
Wednesday, Dec 3, 2025 4:09 pm ET1min read
GigaCloud Technology Inc has entered into a definitive share purchase agreement to acquire New Classic Home Furnishings for $18 million on a debt-free basis. The transaction will be funded from GigaCloud's existing cash on hand and is expected to close in January. The Board of Directors has unanimously approved the transaction.
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