Cloopen Receives CEO-Led Preliminary Offer to Take Company Private at Significant Premium

Cloopen Group Holding Limited has received a preliminary, non-binding proposal from CEO Changxun Sun and Trustbridge Partners to take the company private at a cash offer of $0.4940 per ordinary share, valuing the company at approximately $155.9 million. This offer represents a premium of 51.23% over the last closing price. The board plans to evaluate the proposal with a special committee of independent directors, but there is no certainty that a definitive agreement will be reached, leaving investors uncertain about the company's future listing status.

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The latest announcement is out from Cloopen Group Holding ( (RAASY) ).

On December 24, 2025, Cloopen Group Holding Limited announced that its board had received a preliminary, non-binding “going private” proposal dated December 22, 2025 from founder and CEO Changxun Sun and Trustbridge Partners VII, L.P. to acquire all outstanding ordinary shares and ADSs not already owned by the buyer group. The proposed cash offer of US$0.4940 per ordinary share, or US$2.9641 per ADS, values Cloopen at about US$155.9 million and represents premiums of 51.23% to the last closing price and roughly 75% and 86% to the 15- and 30-day volume-weighted average prices, respectively, potentially delivering a significant uplift for minority shareholders. Cloopen’s board plans to form a special committee of independent directors, supported by independent financial and legal advisers, to evaluate the proposal, while stressing there is no certainty a definitive offer, agreement or transaction will materialize, leaving the company’s public investors facing a period of uncertainty over its future listing status and control structure.

More about Cloopen Group Holding

Cloopen Group Holding Limited is a China-based provider of multi-capability cloud communications solutions, offering a full suite of services including communications platform as a service (CPaaS), cloud-based contact centers, and cloud-based unified communications and collaboration tools. The company focuses on enhancing daily communication experiences and operational productivity for enterprises, positioning itself as a driver of digital transformation in the enterprise communications sector through SaaS-based tools and innovative marketing and operational solutions.

Average Trading Volume: 37,128

Technical Sentiment Signal: Hold

Current Market Cap: $105.7M