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Alphawave IP Group plc completed the disposal of the entirety of its interest in WiseWave Technology Co., LTD. This transaction occurred on 7 June 2025, with the interest sold to WiseWave's existing shareholders.
| Date | 9 Jun 2025 |
| Time | 07:00:08 |
| Category | Disposals |
| ID | 9709L |
9 June 2025
Alphawave IP Group plc ("Alphawave")
Disposal of Interest in WiseWave Technology Co., LTD ("WiseWave")
LONDON (United Kingdom) and TORONTO (Ontario, Canada) - Further to its previously-stated intention to dispose of its interest in WiseWave, as disclosed in Alphawave's Interim Results for the six months ended 30 June 2024, Alphawave is pleased to confirm that on 7 June 2025, it completed the disposal of the entirety of its interest in WiseWave to its existing shareholders, Wise Road Huazhi (Zhuhai) Equity Investment Partnership (Limited Partnership), Wise Road Zhiguang (Zhuhai) Equity Investment Partnership (Limited Partnership), Zhuhai Wise Road Huajin Zhiying Investment Partnership (Limited Partnership), Wise Road Zhibo (Zhuhai) Equity Investment Partnership (Limited Partnership), and Zhuhai Wise Road Huajin Zhisheng Investment Partnership (Limited Partnership).
ENDS
Contact Information:
|
Tony Pialis, CEO Rahul Mathur, CFO |
+44 (0) 20 7717 5877 |