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Kandi Technologies Group Acquires Rawrr Inc. for $23.9 Million
ByAinvest
Friday, Dec 12, 2025 2:19 am ET1min read
Kandi Technologies Group has acquired Rawrr Inc. for $23.9 million, with a share transfer agreement in place. The acquisition is subject to certain conditions, including approval from Kandi's audit committee and board of directors. Kandi will issue $17.7 million in ordinary shares at $1.35 per share, based on the average closing price of its shares on the Nasdaq Stock Market in the preceding ten trading days.
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