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Share this article Share this article SHENZHEN, China, Feb. 8, 2021 /PRNewswire/ -- 500.com Limited (NYSE: WBAI) ("500.com," "the Company," "we," "us," "our company," or "our"), an online sports lottery service provider in China, today reported its unaudited financial results for the fourth quarter and full year ended December 31, 2020. Announcement of Private Placement, Appointment of New Officers and Exploration of Business Opportunities in the Blockchain and Cryptocurrency Industries On December 21, 2020, the Company announced that it had entered into a definitive share subscription agre...

Share this article Share this article SHENZHEN, China, Jan. 28, 2021 /PRNewswire/ -- 500.com Limited (NYSE: WBAI) ("500.com" or the "Company"), today announced that it has entered into a share subscription agreement (the "Share Subscription Agreement"), pursuant to which it has conditionally agreed to subscribe for 169,354,839 shares of Loto Interactive Limited (HKEX: 08198) ("Loto Interactive") at a price of HK$0.62 per share for a total consideration of approximately HK$105 million (approximately US$13.5 million) in cash (the "Share Subscription"). Closing of the Share Subscription is subj...

The Board of Advanced Enzyme Technologies in its meeting held on 26 December 2020 has approved the (a) investment of an amount not exceeding Rs. 31.62 crore by way of subscription to the issue of 492,630 equity shares of SciTech Specialties (SSPL) as may be offered on preferential issue / private placement basis by SSPL and purchase of 27,778 from selling shareholders of SSPL, aggregating to 520,408 equity shares i.e. 51% of equity share capital of SSPL, and (b) authorization for signing of Share Subscription and Shareholders' Agreement in this regard. On completion of the aforesaid investmen...