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BGM Group Announces Strategic Acquisition of HM Management to Expand AI Application Ecosystem

CHENGDU, China, May 2, 2025 /PRNewswire/ -- BGM Group Ltd. (Nasdaq: BGM) (the "Company" or "BGM") , a leading AI technology company, today announced it has entered into a definitive agreement (the "Agreement") to acquire HM Management Company Limited ("HM Management"), a prominent AI agent production platform, in an all-stock transaction valued at approximately RMB300 million (US41.7million).UndertheAgreement,BGMwillissue16,663,427ClassAordinarysharesat41.7 million).Under the Agreement, BGM will issue 16,663,427 Class A ordinary shares at 2.50 per share to acquire 100% ownership ...