The9 Limited’s Investee NYB to Go Public on Nasdaq Through $1.5 Billion Deal with RF Acquisition Corp II
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The9 Limited's investee, NYB, is set to go public on Nasdaq through a $1.5 billion merger with RF Acquisition Corp II. Existing shareholders, including The9, will maintain a majority stake and appoint most board members. The deal has board approval and is expected to close in Q1 or Q2 of 2026, pending customary conditions. NYB recently won the 2025 SuperAI Genesis Startup Competition and collaborates with Nvidia, HP, and Equinix on AI-driven drug discovery.
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