Venus Acquisition Corporation Announces Closing of Business Combination; MicroAlgo Inc. to trade on Nasdaq under the Symbol "MLGO".
Summary
VIYI provides comprehensive solutions to customers by integrating central processing algorithms with software or hardware, or both, thereby helping them to increase the number of customers, improve end-user satisfaction, achieve direct cost savings, reduce power consumption, and achieve technical goals. VIYI is ideally positioned to grow its revenue quickly as a leading central processing algorithm service provider in China. These forward-looking statements include, without limitation, Venuss expectations with respect to future performance and anticipated financial impacts of the business transaction. Factors that may cause such differences include: business conditions; natural disasters; changing interpretations of U.S. Generally Accepted Accounting Principles; outcomes of government reviews; inquiries and investigations and related litigation; continued compliance with government regulations; changes in legislation or regulatory environments, requirements or changes adversely affecting the businesses of Venus and VIYI, including but not limited the reaction of VIYI customers to the Business Combination; difficulties in maintaining and managing continued growth; restrictions on the ability to make dividend payments; general economic conditions; geopolitical events and regulatory changes; and the failure to maintain the listing of Venus securities on the Nasdaq Stock Market. Readers are cautioned not to place undue reliance upon any forward-looking statements in this press release, which speak only as of the date made.
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