DalsnaFinance

Luda Technology Group Limited Announces Acquisition of 4% of Shares of INERI for Cash Consideration of $1.2 Million

Markets GlobeNewswire By GlobeNewswire 28 May 2026 13:00 1 min read
Luda Technology Group Limited Announces Acquisition of 4% of Shares of INERI for Cash Consideration of $1.2 Million

Hong Kong, May 28, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (the “Company” or “Luda Technology”), (NYSE: LUD), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced today the execution of a Sale and Purchase Agreement (the “SPA”) to acquire a strategic equity interest in Hong Kong International New Economic Research Institute Limited (the “INERI”).

Hong Kong, May 28, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (the “Company” or “Luda Technology”), (NYSE: LUD), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced today the execution of a Sale and Purchase Agreement (the “SPA”) to acquire a strategic equity interest in Hong Kong International New Economic Research Institute Limited (the “INERI”).

Read the full story on GlobeNewswire → Opens the original article on www.globenewswire.com

Summary aggregated from GlobeNewswire's public RSS feed. The full reporting belongs to GlobeNewswire — please read it on their site.