AIWAYS may reverse backdoor listing on U.S. stocks

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Recently, it was revealed that AIWAYS plans to reverse backdoor Huaxia Boya (Beijing) Education Technology Co., Ltd. to go public in the United States. AIWAYS said in interviews with many media that it would not comment on matters related to the listing… The education service company Huaxia Boya announced that, The company has partnered with Aiways Holdings Limited, the operating company of Aiways, to acquire all of Aiways’ outstanding shares. According to the announcement, the total valuation of AIWAYS is between US$5 billion and US$6 billion. After the acquisition, all the shares of AIWAYS will be converted into ordinary shares of the listed company.
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