FLJ Group Limited Amends the Maturity Date of the Promissory Notes
February 09 2024 - 8:00AM
FLJ Group Limited (NASDAQ: FLJ) (“FLJ” or the “Company”), today has
agreed with the Alpha Mind Promissory Noteholders (defined below)
to extend the maturity date of the Alpha Mind Promissory Note
(defined below) from March 25, 2024 to June 30, 2024 (or such other
date as the parties may further agree).
As previously announced, the Company acquired
all the issued and outstanding shares in Alpha Mind Technology
Limited for an aggregate all-cash purchase price of US$180,000,000
or RMB equivalent, paid in the form of the notes (the “Alpha Mind
Promissory Notes”) which were delivered to each of the sellers (the
“Alpha Mind Promissory Noteholders”) in an aggregate amount equal
to the purchase price on December 28, 2023.
About FLJ Group Limited
FLJ Group Limited, through its subsidiaries and consolidated
variable interest entities, operates insurance agency and insurance
technology business. The insurance agency operates nationwide in
the PRC with a wide range of insurance products, including but not
limited to property insurance, homeowner’s insurance, life
insurance, health insurance, business insurance and worker’s
compensation insurance. The insurance agency is PRC-licensed and
works with around 180 insurance carriers. The insurance technology
business is focused on operating and developing next-generation
insurance technology in the PRC, including developing SaaS
platforms to connect consumers and underwriting support.
For investor and media inquiries, please
contact:
FLJ Group LimitedE-mail: ir@qk365.com
ChristensenIn ChinaMr. Rene VanguestainePhone:
+86-10-5900-1548E-mail: rene.vanguestaine@christensencomms.com
In the U.S.Ms. Linda BergkampPhone: +1-480-614-3004Email:
linda.bergkamp@christensencomms.com
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