FingerMotion buys 9.9% stake in Lyken AI Computing via 1,674,480-share issuance

Reuters2026/08/17 12:32

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

FingerMotion closed its acquisition of a 9.9% stake in Lyken.AI, entering the enterprise AI compute market through a minority equity investment.
Deal terms: 99,000 Lyken common shares for 1,674,480 restricted FingerMotion common shares; no cash paid at closing.
Alset AI remains Lyken’s controlling shareholder with a 90.1% stake following the transaction.
FingerMotion signaled an intention to pursue a larger position in Lyken, subject to performance, capital availability, and regulatory requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FingerMotion Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608170830PRIMZONEFULLFEED9811014) on August 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

FingerMotion buys 9.9% stake in Lyken AI Computing via 1,674,480-share issuance

You may also like

Crypto prices