FingerMotion buys 9.9% stake in Lyken AI Computing via 1,674,480-share issuance
FNGR•Deal terms and ownership structure
Deal terms: 99,000 Lyken common shares for 1,674,480 restricted FingerMotion common shares; no cash was paid at closing.
Alset AI remains Lyken’s controlling shareholder with a 90.1% stake following the transaction.
FingerMotion signaled an intention to pursue a larger position in Lyken, subject to performance, capital availability, and regulatory requirements.
FingerMotion closes minority investment in Lyken.AI
FingerMotion closed its acquisition of a 9.9% stake in Lyken.AI, entering the enterprise AI compute market through a minority equity investment.
