nq mobile inc - adr (NQ:New York)
Transactions by NQ MOBILE INC - ADR (NQ) in the last 6 months
An unknown buyer signed a definitive agreement to acquire 3.4% stake in Beijing Nation Sky Network Technology Co.,Ltd from NQ Mobile Inc. for $18 million on June 10, 2014. The investors have a right to demand the redemption of their shares if Beijing Nation Sky Network Technology does not complete a qualified initial public offering, or find a third party buyer to acquire all or part of its shares. The funds will be used for research and development, marketing, working ...
Bison Capital Holding Company Limited and other investors agreed to acquire 5.88% stake of FL Mobile from NQ Mobile Inc. (NYSE:NQ) for $25 million on May 30, 2014. Bison will pay up-to $15 million and other investors will pay up-to $10 million to NQ Mobile for acquisition of their respective stakes. The investment has a redemption right if FL Mobile does not complete a qualified IPO within 12 months after the investment is completed. The funds will be used to further ...
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