Cango Announces Receipt Of A Preliminary Non-Binding Letter Of Intent And Formation Of Special Committee

Published: 2025-03-14 06:02:03 ET CANG

March 14 (Reuters) - Cango Inc:

* CANGO INC. ANNOUNCES RECEIPT OF A PRELIMINARY NON-BINDING LETTER OF INTENT AND FORMATION OF SPECIAL COMMITTEE

* CANGO INC: LETTER OF INTENT FROM ENDURING WEALTH CAPITAL

* CANGO: BOARD RESOLVED TO FORM SPECIAL COMMITTEE WITH ITS THREE INDEPENDENT DIRECTORS TO ASSESS & CONSIDER LOI & PROPOSED TRANSACTIONS

* CANGO: LOI EXPRESSES NON-BINDING INTENT TO BUY 10 MILLION CLASS B ORDINARY SHARES FROM CO'S CO-FOUNDERS Source text: Further company coverage: