Marwynn Holdings acquires software platform core from Zhituo for 4 million shares
MWYN•Marwynn Holdings acquired Zhituo Software’s core operating platform on October 15, 2026, with 4 million common shares as the sole consideration. The shares are fully earned at acquisition, but issuance may be deferred pending specified offering and reverse stock split events.
1. Platform acquisition terms
Marwynn Holdings acquired the core operating platform software from Zhituo Software on October 15, 2026. The sole consideration is 4 million common shares, fully earned at acquisition and subject to proportional adjustments for stock splits.
2. Rights and share issuance
Issuance may be deferred until the at-the-market offering program is completed or terminated and an approved reverse stock split is completed. The acquisition includes worldwide intellectual property rights, allowing Marwynn to develop the platform without additional license fees or royalties to Zhituo. The platform is intended to manage the company and its current and future subsidiaries.
