Bluecity holdings limited to hold extraordinary general meeting of shareholders

Beijing, june 23, 2022 (globe newswire) -- bluecity holdings limited (“bluecity” or the “company”) (nasdaq: blct), a leading online lgbtq platform, today announced it has called an extraordinary general meeting of shareholders (the “egm”), to be held on july 29, 2022 at 10:00 a.m. (beijing time), at block 2 tower b, no. 22 pingguo shequ, bai zi wan road, chaoyang district, beijing 100022, people's republic of china, to consider and vote on, among other things, the proposal to authorize and approve the previously announced agreement and plan of merger (the “merger agreement”), dated as of april 30, 2022, among the company, multelements limited (the “parent”), and diversefuture limited, a wholly-owned subsidiary of parent (the “merger sub”), pursuant to which the merger sub will be merged with and into the company, with the company being the surviving company and becoming a wholly-owned subsidiary of parent (the “merger”), the plan of merger required to be filed with the registrar of companies of the cayman islands (the “plan of merger”) and the consummation of the transactions contemplated thereby, including the merger.
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