TikTok is building a new version of its app for users in the United States ahead of a planned sale of the app to a group of investors, The Information reported on Sunday, citing unnamed sources.

TikTok’s staff is reportedly building a new version of the app for American users — dubbed M2 — for a September release ahead of an expected sale, The Information reported this week. Any potential deal will still have to be approved by the Chinese government.

TikTok is developing a new version of its app for U.S. users as it prepares for a potential sale to a group of American investors, according to The Information. The move comes as tensions between the U.