PINTEC Completes Private Placement of Class A Shares with ZIITECH in Exchange for Ownership Stake

Pintec Technology Holdings Limited (NASDAQ: PT), a prominent technology platform facilitating financial services, has made a significant strategic move by entering into a private placement agreement involving its Class A ordinary shares. Announced on September 5, 2025, this deal involves the exchange of 715,521 ordinary shares of ZIITECH PTY LTD for 83,726,789 Class A shares of Pintec. This transaction not only strengthens Pintec's position in the financial technology sector but also enhances its collaboration with ZIITECH, a key player in the market.

On September 3, 2025, Pintec committed to the share transfer agreement with certain shareholders of ZIITECH. Under the terms of this deal, the transferors, the shareholders of ZIITECH, are set to exchange a sizable block of their shares for Pintec's Class A ordinary shares. This swap represents a significant move in the market, as it will result in Pintec owning approximately 25% of ZIITECH’s total shares once the deal closes, pending customary conditions.

As a result of this partnership, Pintec is poised to consolidate ZIITECH’s financial statements, which suggests a planned integration of operations that could lead to greater efficiency and revenue generation for both companies. By incorporating ZIITECH into its portfolio, Pintec enhances its capabilities in delivering innovative financial solutions to micro, small, and medium enterprises in China, effectively broadening its reach within the sector.

The completion of this transaction is anticipated to occur within September 2025, following the satisfaction of all requisite conditions. Upon successful closure, Pintec will further enhance its standing in the financial technology landscape, as this acquisition aligns with its long-term strategy of diversifying and strengthening its operational partnerships.

This private placement aligns with the exemption from registration under the Securities Act of 1933. The shares involved in this transaction are being offered in compliance with Regulation D and/or Regulation S, ensuring that this strategic move remains legally sound and beneficial.

Additionally, Pintec has released a statement cautioning investors about certain forward-looking statements involved in this announcement. As these statements pertain to anticipated future outcomes, they come with inherent risks and uncertainties. For instance, market conditions, regulatory changes, and the rapid pace of technological advancement may influence the realization of these projected outcomes.

About Pintec: Founded to empower businesses, Pintec Technology Holdings Limited leverages a technology-enabled platform to seamlessly connect business and financial partners in the evolving financial spheres of China. Currently listed on Nasdaq, the company assists its partners with customer engagement through financing options tailored to their offerings. Additionally, Pintec’s licenses across various financial services, including micro-lending and fund distribution, support its robust service delivery mechanisms.

The acquisition of a stake in ZIITECH aligns with Pintec’s mission of providing effective financial services while continuing to innovate and respond to market demands. As the financial technology space evolves, this collaboration highlights Pintec's commitment to maintaining its competitive edge and meeting the diverse needs of its clientele. For more detailed information about Pintec’s operational plans and financial offerings, interested parties may visit their official investor relations website.

Topics Financial Services & Investing)

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