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Ruhnn Sets Record Date for Dissemination of Transaction Statement for Going Private Transaction
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HANGZHOU, China, March 10, 2021 /PRNewswire/ Ruhnn Holding Limited ( ruhnn or the Company ) (NASDAQ: RUHN), a leading internet key opinion leader ( KOL ) facilitator in China, today announced that it has set March 10, 2021 as the record date for the dissemination of Rule 13e-3 Transaction Statement on Schedule 13E-3 (as amended, the Schedule 13E-3 ) in connection with a previously announced going private transaction contemplated under an Agreement and Plan of Merger (the Merger Agreement ) the Company entered into with RUNION Holding Limited ( Parent ) and RUNION Mergersub Limited, a wholly owned subsidiary of Parent, on February 3, 2021.
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Ruhnn Enters into Definitive Agreement for Going Private Transaction
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HANGZHOU, China, Feb. 3, 2021 /PRNewswire/ Ruhnn Holding Limited ( ruhnn or the Company ) (NASDAQ: RUHN), a leading internet key opinion leader ( KOL ) facilitator in China, today announced that it has entered into an Agreement and Plan of Merger (the Merger Agreement ) with RUNION Holding Limited ( Parent ) and RUNION Mergersub Limited ( Merger Sub ), a wholly owned subsidiary of Parent. Pursuant to the Merger Agreement and subject to the terms and conditions thereof, Merger Sub will merge with and into the Company, with the Company continuing as the surviving entity and becoming a wholly owned subsidiary of Parent (the Merger ), in a transaction implying an equity value of the Company of approximately US$296.4 million.
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