Baby BTC Strategic Capital Signs Term Sheet with NASDAQ-Listed $AACG, Initiating Babylon Token Treasury
NASDAQ-listed company ATA Creativity Global (Nasdaq: AACG) (hereinafter referred to as the “Company”) has formally signed a Term Sheet with Baby BTC Strategic Capital (referred to as “Baby Capital”). Baby Capital is a special purpose fund for holding listed companies, with the Babylon Foundation as the lead limited partner. Pursuant to the agreement, Baby Capital will subscribe for new shares of the Company with a total value of US$30 million and obtain