BlueCity Holdings Limited (BLCT)
- GlobeNewswire
BlueCity Holdings Limited Announces Appointment of Financial Advisor and Legal Counsel to the Special Committee
BEIJING, Jan. 10, 2022 (GLOBE NEWSWIRE) -- BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ: BLCT), a leading online LGBTQ platform, today announced that the independent special committee (the “Special Committee”) of the Company’s board of directors (the “Board”), formed to evaluate and consider the previously announced preliminary non-binding proposal letter dated on January 2, 2022 (the “Proposal”), has retained Duff & Phelps as its financial advisor and Skadden, Arps, Slate, Me
- GlobeNewswire
BlueCity Holdings Limited Announces Formation of Special Committee
BEIJING, Jan. 04, 2022 (GLOBE NEWSWIRE) -- BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ: BLCT), a leading online LGBTQ platform, today announced that its board of directors (the “Board”) has formed a special committee consisting of three independent directors, Wenjie (Jenny) Wu, Shengwen (Roy) Rong, and Guojie Shi, to evaluate and consider the previously announced preliminary non-binding proposal letter dated on January 2, 2022 (the “Proposal”). Wenjie (Jenny) Wu will chair th
- GlobeNewswire
BlueCity Holdings Limited Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company
BEIJING, Jan. 03, 2022 (GLOBE NEWSWIRE) -- BlueCity Holdings Limited ( “BlueCity” or the “Company”) (NASDAQ: BLCT), a leading online LGBTQ platform, today announced that its board of directors (the “Board”) has received a preliminary non-binding proposal letter (the “Proposal Letter”), dated January 2, 2022, from Mr. Baoli Ma, founder, chairman of the Board and chief executive officer of the Company (the “Founder”), and Spriver Tech Limited (together with the Founder, the “Buyer Group”), to acqu
