Borqs Technologies’ Capital Structure to be Revamped by Recently Announced Sale of Business

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GlobeNewswire 1w ago

Borqs Technologies’ Capital Structure to be Revamped by Recently Announced Sale of Business - GlobeNewswire

Quick Summary:

Many factors could cause actual events or results to differ materially from the events and results discussed in the forward-looking statements, including the possibility that the transactions as described herewith between Borqs and Sasken may not be consummated as described, or at all, and that the positive benefits of the transactions, stock buy-back and the future investment possibilities may not transpire as described herein or at all.

The reader is advised to refer to both companies’ filings with their respective securities and exchange authorities for additional information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements.

Investor relations contact:E: IR@borqs.com Disclaimer on Forward Looking Statements:Certain statements in this release are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements due to risks or uncertainties associated with our expectations.