07:27 AM EDT, 08/28/2025 (MT Newswires) -- Maase ( MAAS ) said Thursday that it has completed the acquisition of Carve Group, expanding its business into the healthcare and wellness sector.

The company said it issued about 195.9 million class A common shares at a price of $1.50 a share to Carve Group shareholders to complete the acquisition. Following the transaction, Carve Group shareholders own about 88.3% of Maase's ( MAAS ) total issued share capital and a voting power of 22.2%, according to the statement.