Lion Group Holding ( (LGHL) ) just unveiled an announcement.
On January 23, 2025, Lion Group Holding Ltd., a company incorporated in the Cayman Islands, amended a Securities Purchase Agreement with ATW Opportunities Master Fund and ATW Opportunities Master Fund II. This amendment adjusted the conversion price of American Depositary Shares (ADS) to the lower of $0.16 or 90% of the lowest daily VWAP over the ten trading days prior to conversion. Additionally, ATW II purchased a debenture worth $2,135,000. This debenture matures on January 23, 2028, with an interest rate of 8% payable in cash or 12% in ADSs. The proceeds will be used for working capital, and a Series K Warrant for 10,007,812 ADSs was also issued.
More about Lion Group Holding
YTD Price Performance: -38.80%
Average Trading Volume: 3,547,650
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.17M
See more data about LGHL stock on TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com