Bold ally (cayman) limited: enforcement of up to 76,273,626 class a ordinary shares (equivalent to 12,712,271 american depositary shares) of vnet group, inc.

New york--(business wire)--following the occurrence of a default by gentao capital limited (the “borrower”), a shareholder of vnet group, inc. (the “company”) (nasdaq: vnet), under a us$50,250,000 margin loan facility (the “facility”), bold ally (cayman) limited (the “lender”) has exercised its rights with respect to the collateral securing the borrower's repayment obligations under the facility.
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