Malaysia’s equity crowdfunding platform Ata Plus has entered into a binding agreement to dispose of 15 per cent equity interest to NASDAQ-listed GreenPro Capital Corp while South Korea’s SK Telecom-backed Nanox announced it has secured $59 million in funding.
Malaysia’s Ata Plus sells 15% stake to NASDAQ-listed Green Pro
Malaysia’s equity crowdfunding platform Ata Plus announced that it has entered into a binding agreement to dispose of 15 per cent equity interest to NASDAQ-listed GreenPro Capital Corp (GreenPro).
GreenPro is issuing 457,312 restricted shares for a 15 per cent stake in Ata Plus, according to a statement.
As a registered market operator (RMO), Ata Plus may also operate a secondary market for ECF investors to trade their shares to interested buyers, as well as work with licensed venture capital and private equity management companies to list microfunds on its platform.
The strategic acquisition enables Ata Plus to utilise the digital assets and technology recently acquired by GreenPro via their investment in First Bullion Holdings Inc, Philippines.
SK Telecom backed-Nanox secures $59m in funding
South Korea’s SK Telecom-backed Nano-X Imaging Ltd has secured $59 million in funding, wrapping up its November 2019 round in which it raised nearly $110 million, according to an announcement.
The funding will go toward supporting the worldwide deployment of the Nanox.ARC, inspired by Star Trek’s famous BioBed.
Nanox is supported by strategic investors including SK Telecom, Foxconn, Yozma Korea, Industrial Alliance, and private investors.
Last month, SK Telecom invested an additional $20 million to increase its stake in the Israeli medical imaging technology company.