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FingerMotion acquires 9.9% stake in Lyken AI Computing in USD 500,000 share deal

PUBT·08/13/2026 13:15:31
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FingerMotion acquires 9.9% stake in Lyken AI Computing in USD 500,000 share deal
  • FingerMotion agreed to buy 99,000 Lyken AI Computing common shares for USD 500,000 in restricted common stock.
  • Stake equals 9.9% of Lyken’s 1,000,000 shares outstanding immediately before closing, marking its entry into enterprise AI compute.
  • Closing set for Aug. 12 agreement terms, subject to TSXV approval on behalf of seller Alset AI Ventures.
  • Consideration set at 1,674,480 restricted shares, based on the prior-day Nasdaq close plus USD 0.01, with fractions rounded down.
  • No cash payable at closing; Alset AI expected to retain 90.1% of Lyken post-transaction.


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. FingerMotion Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608130915PRIMZONEFULLFEED9809527) on August 13, 2026, and is solely responsible for the information contained therein.