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Pintec Technology Holdings Soars 87.37% on Strategic Share Deal

Generated by AI AgentAinvest Pre-Market Radar

Monday, Sep 8, 2025 4:11 am ET1min read

Aime Summary

- Pintec Technology Holdings' shares surged 87.37% in pre-market trading on September 8, 2025, following a strategic share deal.

- The company exchanged 83.7 million Class A shares for 25% ownership in ZIITECH PTY LTD via a private placement.

- This move aims to strengthen Pintec's financial position, expand market presence, and boost operational capabilities for future growth.

On September 8, 2025, Pintec Technology HoldingsPT-- experienced a significant surge, rising by 87.37% in pre-market trading.

Pintec Technology Holdings recently announced a private placement of Class A ordinary shares in exchange for ordinary shares of ZIITECH PTY LTD. This strategic move is aimed at strengthening the company's financial position and expanding its market presence. The deal involves the acquisition of 715,521 ZIITECH shares, representing a 25% ownership stake, through the issuance of 83.7 million Class A shares. This transaction is expected to enhance Pintec's operational capabilities and drive future growth.

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