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Disposal of Interest in WiseWave Technology Co.

9th Jun 2025 07:00

RNS Number : 9709L

Alphawave IP Group PLC

09 June 2025

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

[email protected]

+44 (0) 20 7717 5877

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END

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