Transfer of Shanghai Xunmeng. The PRC Affiliate and shareholders of Shanghai Xunmeng (namely, GU Yanping and CAI Hualin) shall have entered into an equity transfer agreement in a form and substance to the satisfaction of the Series B-4 Purchasers, pursuant to which all of the equity interests of Shanghai Xunmeng held by GU Yanping and CAI Hualin shall be transferred to the PRC Affiliate at a purchase price equals to the net assets value of the business of “拼多多” of Shanghai Xunmeng which value has been audited by an auditor appointed by the Series B-4 Purchasers (the “Xunmeng Acquisition”). Following the Xunming Acquisition, Shanghai Xunmeng shall become a subsidiary of the PRC Affiliate.
Appears in 4 contracts
Samples: Series B 4 Preferred Shares Purchase Agreement, Series B 4 Preferred Shares Purchase Agreement (Pinduoduo Inc.), Series B 4 Preferred Shares Purchase Agreement (Walnut Street Group Holding LTD)
