Ruhnn Announces Completion of Going Private Transaction
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HANGZHOU, China, April 20, 2021 /PRNewswire/ -- Ruhnn Holding Limited ("ruhnn" or the "Company") (NASDAQ: RUHN), a leading internet key opinion leader ("KOL") facilitator in China, today announced the completion of its merger (the "Merger") with RUNION Mergersub Limited ("Merger Sub"), a wholly owned subsidiary of RUNION Holding Limited ("Parent"), pursuant to the previously announced agreement and plan of merger dated as of February 3, 2021 (the "Merger Agreement"), by and among the Company, Parent and Merger Sub. As a result of the Merger, the Company ceased to be a publicly traded company and became a wholly owned subsidiary of Parent.