• Market Cap: $266b

  • May 14, 2021

Crypto Exchange Huobi Acquires Pantronics Holdings Limited for $70 Million

The deal was made at an average per share price of $0.35 with a total amount close to $70 million.

Huobi Reportedly Acquires 73.73% Stake in Pantronics Holdings Ltd. For $77 Million 

The move could help Huobi to go public via a reverse initial public offering (IPO) or a reverse takeover (a takeover of a public company by a private company).