Luda Technology signs deal to buy 55% of AI Data Quant Tech for US$935,000
LUD•Luda Technology signed an agreement to acquire 55% of AI Data Quant Tech for US$935,000, comprising US$600,000 in cash and US$335,000 in newly issued shares.
LUD•Luda Technology signed an agreement to acquire 55% of AI Data Quant Tech for US$935,000, comprising US$600,000 in cash and US$335,000 in newly issued shares.
Luda Technology signed the agreement on October 29, 2026, to acquire 55% of AI Data Quant Tech for US$935,000, following a previously signed memorandum of understanding. The consideration comprises US$600,000 in cash and US$335,000 in newly issued ordinary shares; US$400,000 has been paid, with the remaining US$200,000 due within three months of signing. The share consideration references 91,780 ordinary shares at US$3.65 each, the closing price on October 14, 2026. The acquisition marks Luda Technology’s entry into computing infrastructure operations management.
