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Eshallgo Inc Secures $5 Million Through Convertible Debentures
Company Announcements

Eshallgo Inc Secures $5 Million Through Convertible Debentures

Story Highlights

The latest announcement is out from Eshallgo Inc Class A ( (EHGO) ).

Invest with Confidence:

Eshallgo Inc has successfully entered into a Securities Purchase Agreement to place Convertible Debentures worth up to $5 million with a maturity date of November 28, 2025. The company conducted three closings, raising a total of $5 million, with the debentures bearing a 5% annual interest rate. The funds raised through this agreement are expected to enhance Eshallgo’s financial position and strategic capabilities in the market.

More about Eshallgo Inc Class A

Eshallgo Inc is based in Shanghai, China, and operates within the financial sector, focusing on the issuance and management of convertible debentures as a part of its financing strategy.

YTD Price Performance: 0%

Average Trading Volume: 208,019

Technical Sentiment Consensus Rating: Strong Sell

See more insights into EHGO stock on TipRanks’ Stock Analysis page.

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