tiprankstipranks
Company Announcements

Boqii Holding Limited Enters Private Placement Agreement to Raise $2.4 Million

Story Highlights
Boqii Holding Limited Enters Private Placement Agreement to Raise $2.4 Million

Discover the Best Stocks and Maximize Your Portfolio:

Boqii Holding ( (BQ) ) has provided an announcement.

On February 13, 2025, Boqii Holding Limited entered into securities purchase agreements with multiple unrelated third-party purchasers to sell 2,000,000 American depositary shares (ADSs) in a private placement for $2,400,000. Each ADS represents 150 Class A ordinary shares. The company must file registration statements with the SEC for the resale of these ADSs by May 31, 2025, as per the registration rights agreement with the purchasers.

More about Boqii Holding

Boqii Holding Limited operates in the pet-focused industry, primarily dealing with products and services targeted at pet owners. The company is based in Shanghai, China.

YTD Price Performance: -11.67%

Average Trading Volume: 36,052

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $33.75M

For detailed information about BQ stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1