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AirNet Technology Terminates Share Purchase Agreement

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AirNet Technology Terminates Share Purchase Agreement

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The latest update is out from AirNet Technology ( (ANTE) ).

On February 13, 2025, AirNet Technology Inc. terminated a share purchase agreement originally entered into on January 13, 2025, with certain investors. The agreement involved the issuance and sale of 15,070,000 ordinary shares for a total of $7.0 million. The termination was due to the non-consummation of the closing of the offering within the specified timeframe, resulting in the agreement becoming void without further obligations for the involved parties.

More about AirNet Technology

AirNet Technology Inc. operates in the technology sector, focusing on digital advertising services. The company primarily offers innovative advertising solutions and is based in Beijing, China.

YTD Price Performance: -4.26%

Average Trading Volume: 66,823

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: $6.44M

For an in-depth examination of ANTE stock, go to TipRanks’ Stock Analysis page.

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