Incorporated under the name BEST. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia, today announced that the independent special committee (the "Special Committee") of the Company's board of directors (the "Board"), formed to evaluate and consider the previously announced preliminary non-binding proposal letter dated November 3, 2023 (the "Proposal"), has retained Kroll, LLC as its financial advisor and Skadden, Arps, Slate, Meagher & Flom LLP as its U. Counseling by a legal professional
Counseling by a legal professional
The Special Committee continues to review and evaluate the Proposal as part of its review and evaluation process. In light of the fact that no decision has yet been made regarding the Proposal, the Board would like to caution its shareholders and anyone considering trading the Company's securities.. Neither the Proposal nor any definitive agreement relating to the transaction contemplated by the Proposal can be guaranteed that any definitive offer will be received, that an agreement will be signed, or that the transaction contemplated by the Proposal or any other transaction of a similar nature will be approved or consummated.. In the event that the Company has to provide an update on any transaction, except as required by applicable law, the Company will not be obligated to do so
In the event that the Company has to provide an update on any transaction, except as required by applicable law, the Company will not be obligated to do so
STATEMENT OF SAFE HARBOR
There are forward-looking statements in this announcement. As a result of the "safe harbor" provisions of the U.S. Constitution, the following statements are made:. In 1995, the Private Securities Litigation Reform Act was passed.. It is possible to identify forward-looking statements by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar expressions.. Best's strategic plans contain a number of forward-looking statements, among other things. It is also possible for BEST to make forward-looking statements in its periodic reports to the U.S. government, whether in writing or orally. There has been a lot of coverage of the Securities and Exchange Commission (the "SEC") in its annual report to shareholders, in press releases and other written materials, as well as in oral statements made by its officers, directors, and employees to third parties.. The forward-looking statements in this document are those that are not historical facts, including statements about BEST's beliefs and expectations with respect to the future. There are inherent risks and uncertainties associated with forward-looking statements. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: BEST's goals and strategies; BEST's future business development, results of operations and financial condition; BEST's ability to maintain and enhance its ecosystem; BEST's ability to compete effectively; BEST's ability to continue to innovate, meet evolving market trends, adapt to changing customer demands and maintain its culture of innovation; fluctuations in general economic and business conditions in China and other countries in which BEST operates, and assumptions underlying or related to any of the foregoing. Detailed information regarding these and other risks can be found in BEST's filings with the Securities and Exchange Commission.. It should be noted that the information contained in this press release and in the attachments is as of the date of this press release, and BEST does not undertake any obligation to update any forward-looking statement, except where required by law.
It should be noted that the information contained in this press release and in the attachments is as of the date of this press release, and BEST does not undertake any obligation to update any forward-looking statement, except where required by law.
BEST INC. - WHAT WE DO.
Best Inc. is a company that specializes in. BEST (NYSE: BEST) is a leading global provider of integrated smart supply chain solutions and logistics services in China and Southeast Asia. BEST offers a comprehensive set of logistics and value-added services, including freight delivery, supply chain management, and global logistics services, through its proprietary technology platform and extensive network of partners in the industry. In order to empower business and enrich lives, BEST aims to leverage technology and business model innovation to create a smarter, more efficient supply chain by leveraging technology and business model innovations. Please visit the following website for more information: http://www..The Best Inc..Visit http://www.com/en/
Visit http://www.com/en/
The Source Best Inc.
The BEST Inc. (NYSE: BEST) ("BEST" or the "Company") is a leading provider of integrated smart supply chain solutions and logistics services in China and the United States.
BEST Inc. (NYSE: BEST) ("BEST" or "the Company") is a leading provider of integrated smart supply chain solutions and logistics services in China and other countries...
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