Sungy Mobile's "Special Committee" Announces Retention of Financial and Legal Advisors
2015年4月28日 - 9:00PM
Sungy Mobile Limited (Nasdaq:GOMO) ("Sungy Mobile" or the
"Company"), a leading provider of mobile internet products and
services globally with a focus on applications and mobile platform
development, today announced that the special committee of
independent directors (the "Special Committee") has retained Duff
& Phelps (Duff & Phelps, LLC and Duff & Phelps
Securities, LLC) as its financial advisors and Skadden, Arps,
Slate, Meagher & Flom LLP as its legal advisor. The financial
advisors and legal advisor to the Special Committee will assist it
in, among other things, evaluating and determining the Company's
response to the non-binding "Going-Private" proposal (the
"Proposal") that the Company's board of directors received on April
13, 2015 from Mr. Yuqiang Deng, chairman and chief executive
officer, and Mr. Zhi Zhu, co-chief operating officer of Sungy
Mobile.
The Company cautions its shareholders and others considering
trading its securities that neither its board of directors nor the
Special Committee has made any decision with respect to the
Company's response to the Proposal. There can be no assurance that
any definitive offer will be made by Mr. Yuqiang Deng, Mr. Zhi Zhu
or any other person, that any definitive agreement will be executed
relating to the proposed transaction, or that the proposed
transaction or any other transaction will be approved or
consummated.
About Sungy Mobile Limited
Sungy Mobile Limited is a leading provider of mobile internet
products and services globally with a focus on applications and
mobile platform development. Sungy Mobile's platform product, GO
Launcher EX, manages apps, widgets and functions on Android
smartphones and serves as users' first entry point to their phones;
it is the mobile access point from which many Android users are
able to find new and innovative ways to customize their experience,
download apps and interact with their mobile devices every day.
Safe Harbor Statements
This press release contains forward-looking statements. These
statements, including management quotes and business outlook,
constitute forward-looking statements under the U.S. Private
Securities Litigation Reform Act of 1995. These forward-looking
statements can be identified by terminology such as "will,"
"expects," "anticipates," "future," "intends," "plans," "believes,"
"estimates" and similar statements. Such statements involve certain
risks and uncertainties that could cause actual results to differ
materially from those expressed or implied in the forward-looking
statements. Sungy Mobile does not undertake any obligation to
update any forward-looking statement as a result of new
information, future events or otherwise, except as required under
applicable law.
CONTACT: Investor Relations Contact
ICR, Inc.
Chenjiazi Zhong
Tel: +1-646-417-5388
Email: IR@gomo.com
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