There are over 600 million remaining. Suppose Zhu Jiang and Gao Er create an internal agreement, with Gao Er holding over 200 million in equity transfer, and the remaining 400 million needing to be redeemed with cash. Currently, the cash on hand is over 700 million, but there is also an 1.1 billion short-term debt to handle, which is somewhat tight.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Will DeFiBen seize the opportunity for a forced redemption this time?
There are over 600 million remaining. Suppose Zhu Jiang and Gao Er create an internal agreement, with Gao Er holding over 200 million in equity transfer, and the remaining 400 million needing to be redeemed with cash. Currently, the cash on hand is over 700 million, but there is also an 1.1 billion short-term debt to handle, which is somewhat tight.