GoFintech Quantum Innovation to buy and subscribe for 19.9% stake in Luffa AI for USD 39.8 million

• GoFintech Quantum Innovation agreed to invest in Luffa AI via a US$19.8 million secondary share purchase plus a US$20 million subscription.
• Transaction covers 11,890,000 existing shares plus 10,000,000 new shares, for a combined 19.9% stake on completion.
• Cash consideration totals US$39.8 million, with the company weighing a potential equity fundraising to help fund the payment.
• Luffa AI develops AI and Web3 communication and social networking products, including the decentralized messaging platform Luffa.
• Deal was signed on May 25; closing remains subject to conditions precedent.

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. GoFintech Quantum Innovation Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260526-12170034), on May 26, 2026, and is solely responsible for the information contained therein.