SOLAI Limited Receives $3.069 Per ADS Going-Private Proposal from Chaince Digital
Key Facts
SOLAI Limited (NYSE: SLAI) announced today that it has received a preliminary non-binding proposal from Chaince Digital Holdings Inc. to acquire all of its issued and outstanding ordinary shares. The proposed transaction aims to transition the company into a private entity, which would involve delisting its shares from the New York Stock Exchange. Under the terms of the offer, Chaince Digital is proposing a cash purchase price of $3.069 per American depositary share (ADS). This valuation represents approximately 110% of the company's net asset value (NAV) as reported on September 30, 2025. While the proposal is currently non-binding and subject to further negotiation, it signals significant institutional interest in the company's market position. Investors are closely monitoring the board's response, as acquisition premiums typically drive upward momentum for the underlying stock as the market prices in the potential buyout.