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CBL International Enters Sales Agreement to Boost Capital

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An update from CBL International Limited ( (BANL) ) is now available.

On February 28, 2025, CBL International Limited entered into a Sales Agreement with A.G.P./Alliance Global Partners to issue and sell ordinary shares worth up to $2,604,166. The proceeds from this agreement are intended for general corporate purposes, including potential acquisitions and debt repayment. This strategic move is expected to enhance the company’s financial flexibility and support its growth initiatives.

More about CBL International Limited

CBL International Limited operates in the financial sector, focusing on issuing and selling ordinary shares to raise capital. The company is based in Kuala Lumpur, Malaysia, and is involved in corporate strategies that include acquisitions and business opportunities.

YTD Price Performance: -0.09%

Average Trading Volume: 24,685

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $29.14M

Learn more about BANL stock on TipRanks’ Stock Analysis page.

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