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The latest announcement is out from Everbright Digital Holding Ltd. ( (EDHL) ).
On May 19, 2025, Everbright Digital Holding Limited announced the partial exercise of an over-allotment option by Dominari Securities LLC, resulting in the issuance of 160,000 additional ordinary shares at $4.00 each, generating gross proceeds of $640,000. The shares began trading on Nasdaq on April 17, 2025, and the proceeds will be used for marketing, business expansion, R&D, overseas development, talent acquisition, and working capital, enhancing Everbright’s market positioning and operational capabilities.
More about Everbright Digital Holding Ltd.
Everbright Digital Holding Limited is an integrated marketing solutions provider based in Hong Kong, operating through its subsidiary Hong Kong United Metaverse Limited. The company specializes in digital marketing services, including metaverse stimulation, VR and AR design, creative event planning, IP character creation, and social media marketing.
Average Trading Volume: 366,106
See more insights into EDHL stock on TipRanks’ Stock Analysis page.