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E-Home Raises $12M Through Share Offering

E-Home Raises $12M Through Share Offering

E-Home Household Service Holdings Ltd. (EJH) has released an update.

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E-Home Household Service Holdings Ltd. recently completed a registered direct offering, issuing 10 million ordinary shares at $1.20 each, resulting in $12 million in gross proceeds. The funds raised are earmarked for general working capital and growth initiatives. Post-offering, the company’s total outstanding shares amount to 17,855,424, with the majority held by non-affiliates.

For further insights into EJH stock, check out TipRanks’ Stock Analysis page.

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