TCTM Kids IT Education enters intangible asset purchase agreement with Jeethen
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 07 2025
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Acquisition Announcement: TCTM Kids IT Education has signed an agreement to acquire core algorithms and related systems for brain-computer interfaces from Jeethen International Co. for $10.85 million.
Share Issuance Details: As part of the deal, TCTM will issue 135,625,000 Class A ordinary shares to Jeethen, calculated based on a per share price of approximately 8 cents.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
