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UBTECH ROBOTICS Forges USD1B Strategic Partnership w/ Infini Capital
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UBTECH ROBOTICS (09880.HK), a Chinese humanoid robot company, announced that it had recently signed a USD1 billion strategic partnership agreement with internationally renowned investment institution Infini Capital. Under the partnership, the collaboration between the two parties will focus on financial support and industrial synergy. Infini Capital's high-tech fund will offer UBTECH ROBOTICS a total strategic financing credit limit of USD1 billion, with financing methods including participation in placements, subscription of convertible bonds, and granting cash withdrawal rights. AAStocks Financial News |
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