TIAN RUIXIANG Holdings Ltd Class A Ordinary Shares
TIRXTIAN RUIXIANG Holdings Ltd is a company engaged in the provision of logistics and supply chain management services, primarily serving clients in the healthcare and pharmaceutical sectors. The company focuses on the distribution, storage, and transportation of pharmaceutical products, leveraging its specialized logistics infrastructure to ensure compliance with industry regulations and quality standards. TIRX operates through various subsidiaries and has established a reputation for delivering tailored logistics solutions within China.
Company News
TIAN RUIXIANG Holdings Ltd. announced its acquisition of REN Talents Inc., a creative brand agency with offices in New York and Paris, for 3,211,010 Class A ordinary shares at $2.18 per share. The acquisition aims to expand TRX's global presence and diversify its business beyond insurance.
TIAN RUIXIANG Holdings Ltd. announced a registered direct offering of 2,000,000 Class A ordinary shares and warrants, raising approximately $3 million for working capital and general corporate purposes.
Tian Ruixiang Holdings Limited acquired Ucare, a cloud-based healthcare analytics platform, for $150 million, positioning itself to capitalize on China's growing health insurance market with AI-driven technology and potential expansion into Hong Kong.
Tian Ruixiang Holdings Ltd has acquired Ucare Inc., a cloud-based AI-driven hospital and health insurance risk management platform, for US$150 million in an all-stock transaction to expand its healthcare insurance capabilities.
Tian Ruixiang Holdings (TIRX) is acquiring Ucare, an AI-powered health platform, in a $150 million all-share deal. The acquisition aims to enhance TIRX's role in China's fast-growing health insurance sector by leveraging Ucare's AI platform and data.
