Offering a Settlement Olive Branch Just Before the Hong Kong IPO! Yuezhitan (Kimi) Executives Negotiate with Former Shareholders, with Potential Case Amount Exceeding $700 Million

Yuezhitan (Kimi) is currently negotiating a settlement with former shareholders who have filed claims, as its equity and resource transfer dispute resurfaces during the critical period before its Hong Kong listing. The dispute stems from accusations by Recurrent.ai and certain investors that co-founder Yang Zhilin and CTO Zhang Yutao allegedly engaged in false statements and transferred Recurrent.ai's technology and business resources without authorization.