Cloopen Completes Merger With SummerX Holdings

• Cloopen completed its merger with SummerX Holdings on Oct. 28, 2026.
• The cloud communications provider became a wholly owned subsidiary of AutumnX Holdings and will cease to be publicly traded.
• Merger consideration totals US$ 2.9641 per American Depositary Share, less applicable fees and expenses, or US$ 0.494 per eligible ordinary share.
• Trading in the American Depositary Shares on the OTC Market is expected to be suspended shortly.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cloopen Group Holding Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN83164) on October 28, 2026, and is solely responsible for the information contained therein.