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Following its failed acquisition attempt by Meta, Manus plans to raise $1 billion to repurchase its share buyback program and seek a Hong Kong listing. - CoinFeed
Time 10:22

Following its failed acquisition attempt by Meta, Manus plans to raise $1 billion to repurchase its share buyback program and seek a Hong Kong listing.

May 21, 2026
CoinFeed News

CoinFeed reported on May 21 that, according to Bloomberg, the three founders of Manus are exploring various options to meet Beijing's demand to withdraw its acquisition by Meta. These options include raising approximately $1 billion from external investors to repurchase the Chinese-founded agentic AI business at a valuation at least equal to or higher than Meta's initial acquisition price of $2 billion. Sources familiar with the matter said the founders may personally cover the difference and plan to establish a joint venture in China with new investors, subsequently seeking a Hong Kong listing. Negotiations are still in the early stages and several obstacles remain, including how to separate the deeply integrated Manus technology and team from Meta's system, and the specific arrangements for the transaction structure.

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