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Cloopen Enters into Binding Term Sheet to Settle U.S. Securities Class Actions

  • Written by PR Newswire

BEIJING, June 14, 2023 /PRNewswire/ -- Cloopen Group Holding Limited (OTC: RAASY) ("Cloopen" or the "Company") today announced that, on June 5, 2023, it entered into a binding term sheet (the "Term Sheet") for the settlement of class action lawsuits commenced in April 2021 in the New York Supreme Court (captioned Sonny St. John v. Cloopen Group...

Read more: Cloopen Enters into Binding Term Sheet to Settle U.S. Securities Class Actions

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