SOLAI Announces Receipt of Revised Preliminary Non-Binding Going-Private ProposalAKRON, Ohio, April 23, 2026 /PRNewswire/ -- SOLAI Limited (NYSE: SLAI) (previously traded under "BTCM") ("SOLAI" or the "Company"), a technology-driven personal AI and digital infrastructure provider, today announced that the Company has received a revised preliminary non-binding proposal letter (the "Proposal") from Chaince Digital Holdings Inc., to acquire all of the issued and outstanding Class A ordinary shares and Class B ordinary shares of the Company ("Ordinary Shares"), including Ordinary Shares represented by American depositary shares (the "ADS", each representing 100 Class A ordinary shares), for a proposed purchase price of US$0.03162 per Ordinary Share, or US$3.162 per ADS, in cash in a going-private transaction (the "Proposed Transaction"), subject to certain conditions. The proposed purchase price has been adjusted from 110% to 170% of the Company's net asset value (NAV) per Ordinary Share as of the most recent quarter-end date immediately preceding the closing of the Proposed Transaction.
PRNewsWire4/23/2026Neutral