MicroPort Scientific Corporation Announces Signing of Merger Agreement for Strategic Restructuring of CRM Business
MicroPort Scientific Corporation has announced a merger agreement involving its subsidiaries as part of a strategic restructuring of its CRM business. MicroPort CardioFlow will acquire CRM Cayman through a merger, making CRM Cayman an indirect wholly-owned subsidiary. In exchange, new shares will be issued to CRM Cayman's shareholders at HK$1.35 per share. This transaction aims to reduce annualized interest expenses and optimize the company's debt structure, pending certain conditions. The merger is expected to enhance the financial position of MicroPort Scientific Corporation.
MicroPort Scientific Corporation announced that its subsidiaries have entered into a merger agreement as part of the proposed strategic restructuring of its CRM business. Under the agreement, MicroPort CardioFlow, through its wholly-owned subsidiary MicroPort CardioFlow CRM Limited, will acquire CRM Cayman by way of merger. Upon completion, CRM Cayman will become an indirect wholly-owned subsidiary of MicroPort CardioFlow. In consideration, MicroPort CardioFlow will issue new shares to the shareholders of CRM Cayman at an issue price of HK$1.35 per share. Following the merger, CRM Cayman and its subsidiaries will become indirect subsidiaries of MicroPort CardioFlow, while both CRM Cayman and MicroPort CardioFlow will remain subsidiaries of MicroPort Scientific Corporation. The company expects the transaction to significantly decrease consolidated annualized interest expenses and optimize its debt structure. Completion of the merger remains subject to the satisfaction or waiver of certain conditions precedent. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MicroPort Scientific Corporation published the original content used to generate this news brief on September 29, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
