Securities Times e Company news, Panson (NASDAQ:GTH) announced the formal signing of the privatization merger agreement on the 12th, corresponding to the transaction valuation of about $126 million. Under the agreement, Panchild will merge with the parent company and Panchild will continue as a surviving entity. The buyer group involved in the transaction includes CICC Cangrui Medical Fund, Wealth Strategy Holding Limited, Wuxi Guolian Group, etc. The purchase price of each ordinary share and the purchase price of each American Depositary share are $0.272 and $1.36, representing a premium of 42% over the last trading day prior to the announcement.