ESG Inks Control Share Agreement: BevPoint to Buy 61.8% Stake for $250,000, Closing Pending
ESG Inc. (ESGH) signed an agreement for BevPoint Capital to buy 61.8% stake from DCG China for $250,000, with $125,000 paid at closing and the rest in a 6-month note. The deal is subject to conditions and does not yet constitute a change of control. ESGH will not receive proceeds. The agreement aims to facilitate a future business combination and potential preferred share issuance to reach 90% voting power.
