Fuse Group signs non-binding LOI to acquire Beijing Catering (Yomie Yogurt store)

FUSE GROUP HOLDING INC.

LOI signed Dec 28, 2023; Fuse Group to buy 100% of Beijing Catering, operator of a Yomie Yogurt store in California.
Purchase price not yet determined; to be negotiated in definitive agreement.
Closing targeted within 120 days of LOI; binding only on confidentiality and governing law provisions.
Seller Fengyuan Jia owns 100% of Beijing Catering.

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