Oct. 2 at 2:40 PM
$NCTY The Proposed Transaction gives NYB approximately
$1.5 billion in pre-transaction equity value. NYB's existing shareholders, including The9, will roll over 100% of the equity and retain a majority of the Combined Company's outstanding shares
https://www.sec.gov/Archives/edgar/data/1296774/000110465925095864/tm2527823d1_ex99-1.htm