Meiwu Technology Company Limited entered into a Share Purchase Agreement to acquire Antai Medical Limited from Yali Zhao, Qi Zhang, Xinyu Xue, Rui Wang, Wen Wang, and Wenhui Wang for $26.9 million.

Meiwu Technology Company Limited (NasdaqCM:WNW) entered into a Share Purchase Agreement to acquire Antai Medical Limited from Yali Zhao, Qi Zhang, Xinyu Xue, Rui Wang, Wen Wang, and Wenhui Wang for $26.9 million on December 12, 2022. The SPA is subject to various conditions to closing, including, among other things Nasdaq approval of the listing of the Share Consideration. No material consent, approval, waiver, license, permit, order or authorization (“Consent”) of, or registration, declaration or filing with, or Governmental Authorization from, any Governmental Entity is required to be obtained or made by Seller.

Closing shall take place at on the date hereof by the electronic exchange of documents, or at such other place or places as may be mutually agreed upon by all of the Parties.