Hitek Global (HKIT) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Hitek Global Inc. has announced the issuance of Class A Ordinary Share Purchase Warrants, allowing holders to buy company shares at a set price of $0.55 per share, from July 29, 2024, to July 28, 2026. The warrants include provisions for a cashless exercise option after six months from the issue date and are subject to adjustments in certain scenarios such as stock splits or dividends. These securities have not been registered under the SEC and are subject to specific conditions for sale.
For further insights into HKIT stock, check out TipRanks’ Stock Analysis page.