Pintec announces termination of the warrant

Beijing , may 26, 2023 /prnewswire/ -- pintec technology holdings limited (nasdaq: pt) ("pintec" or the "company"), a nasdaq-listed group providing technology enabled financial and digital services to micro, small and medium enterprises ecosystem, today announced that pintec entered into a series of agreements with otov alfa holdings limited ("otov") to terminate all terms and provisions of the warrant agreement dated october 19, 2020 (the "warrant agreement"), pursuant to which otov's rights to purchase a certain number of class a ordinary shares of the company have been ceased and terminated. on may 26, 2023, pintec and otov entered into a share transfer agreement (the "share transfer agreement"), pursuant to which otov agrees to purchase one ordinary share of sky city holdings limited ("sky city"), a wholly owned subsidiary of the company incorporated under the laws of british virgin island, or 100% shareholding of sky city, from the company at nil consideration.
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