Moxian, Inc. (MOXC) Divests Chinese Subsidiaries
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Moxian Announces Divestment of Chinese Subsidiaries
August 15, 2022 4:10 PM EDTHong Kong, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (Moxian or the Company) (NASDAQ: MOXC), a company engaged in bitcoin mining and related services in the United States, today announced that the Companys wholly-owned subsidiary, Moxian Group Limited (Moxian), has signed an Equity Transfer Agreement (the Agreement) with Jiantao Liu, a resident of China, for the disposal of all of the equity interest of Moxian (Hong Kong) Limited (Moxian Hong Kong) for a cash consideration of HKD 1,000. Mr. Liu is an affiliate of Mr. Qinghu Hao, a former director and Chairman of the Company until... More
