Dated the 1st day of December, 2024 SHARE EXCHANGE AGREEMENT in respect of 100% of the issued share capital of Bowong AI LimitedShare Exchange Agreement • December 2nd, 2024 • MultiMetaVerse Holdings LTD • Services-prepackaged software • Hong Kong
WHEREAS, the Group Companies are in the process of conducting a series of restructuring transactions (the “Restructuring”), and upon the completion of the Restructuring, (i) the Target Company will incorporate a wholly owned subsidiary in Hong Kong (“Bowong HK”); (ii) Bowong HK will incorporate a wholly owned subsidiary in the PRC (the “WFOE”); and (iii) the WFOE will hold 100% equity interests in Bowong Technology (Shenzhen) Co., Ltd., a company incorporated and validly existing under the laws of the PRC, focusing on delivering comprehensive AI technologies and services for sellers on both emerging social e-commerce platforms and traditional e-commerce platforms (“Bowong Technology”).
