Skip to content
Back to all stories
mint

Exclusive-Moonshot execs in talks to settle dispute with shareholder ahead of planned IPO, people say

Exclusive-Moonshot execs in talks to settle dispute with shareholder ahead of planned IPO, people say

·Excerpt
Exclusive-Moonshot execs in talks to settle dispute with shareholder ahead of planned IPO, people say
Image: Exclusive-Moonshot execs in talks to settle dispute with shareholder ahead of planned IPO, people say

Oct 12 (Reuters) - Top executives of Chinese AI startup Moonshot are in talks ahead of its planned Hong Kong listing to settle a legal dispute with a shareholder demanding compensation for their alleged wrongdoing, people familiar with the matter said.Recurrent.ai, a developer of AI software, and some of its investors have accused Moonshot CEO Yang Zhilin and Chief Technology Officer Zhang Yutao of making false representations to Recurrent investors and enriching themselves at Recurrent's expense, according to a March…

Continue reading on mint ↗

Courtesy

This story was originally published by mint. All rights belong to the original publisher.

Read the original on livemint.com ↗
Lazy Founder - Powered by Blogy.in

Contact us

Have a story tip, correction or partnership idea?

Write to us at tarun.kumar@blogy.in or talk to the founder directly. We read every message.

Contact us