Maase Inc. Enters Transaction Agreement to Acquire Oriental Grove Ltd
Maase Inc. ("MAAS") has entered into a transaction agreement to acquire Oriental Grove Ltd, a company specializing in premium tea products. The acquisition, valued at approximately US$62.4 million, will be paid through a combination of Class A ordinary shares of MAAS and a cash payment of US$10,000,000. Oriental Grove Ltd will become a wholly-owned subsidiary of MAAS. This strategic move is expected to support MAAS's expansion into the health and wellness sector. The transaction is anticipated to close in January 2026, subject to customary closing conditions. Sellers are subject to a 60-month lock-up period post-closing. The filing also includes standard forward-looking statements and risk factors associated with the transaction and MAAS's business operations.