Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
AirNet Technology ( (ANTE) ) has provided an update.
AirNet Technology Inc. announced the successful closing of a private placement on February 20, 2025, following the satisfaction of all conditions outlined in a securities purchase agreement. The company sold approximately 15.56 million restricted ordinary shares to non-U.S. persons, generating an aggregate purchase price of $7 million. This strategic financial move signifies AirNet’s effort to secure substantial capital and potentially enhance its market positioning, reflecting a significant development in their corporate finance activities.
More about AirNet Technology
YTD Price Performance: 4.26%
Average Trading Volume: 91,456
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $7.08M
For a thorough assessment of ANTE stock, go to TipRanks’ Stock Analysis page.