Rosenblatt Reiterates Buy on NQ Mobile (NQ)
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NQ Mobile Inc. Announces Proposed Investment from Management
March 29, 2016 6:50 AM EDTBEIJING, March 29, 2016 /PRNewswire/ --Â Â NQ Mobile Inc. (NYSE: NQ) ("NQ Mobile" or the "Company"), a leading global provider of mobile internet services, today announced that it has entered into a legally binding share purchase agreement (the "SPA") with Dr. Vincent Wenyong Shi, the chairman and chief operating officer of the Company, for the issuance and sale of up to a maximum of 96,000,000 Class A common shares of the Company to Dr. Shi (the "Transaction"). Pursuant to the SPA, Dr. Shi will... More
