Kasten Inc. (KAST)

[carbonfiltered]

Volume came in likely from the filing earlier in the week, last page under subsequent events:

that first sentence infers an acquisition in AI cloud or related activities as well as EV/green energy..........

NOTE 9: SUBSEQUENT EVENTS

By the end of year 2023, the Company plans to acquire a company which focus on computing power and storage-based information service business together with the sales and leasing of new energy vehicles business.

The management believes that the development of green energy provides a very good choice for human beings to achieve carbon neutralization and carbon peak. The industrial chain linked by green energy will certainly bring huge market opportunities. Accordingly, the company's future business, on the one hand, will consolidate the information service business based on computing power and storage, and provide reliable information infrastructure services for global users. On the other hand, actively expand the sales and leasing business of new energy vehicles, and actively find and cultivate the sales and leasing business of new energy power batteries. The Company expects to enhance the value and influence of the Company through the mutual supplement of these two businesses. The negotiation of this potential acquisition is undergoing.