Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Mercurity Fintech Holding ( (MFH) ) has issued an update.
On February 3, 2025, Mercurity Fintech Holding Inc. entered into a significant securities purchase agreement with a non-U.S. investor, involving an unsecured convertible promissory note valued at $3.5 million. This agreement, which has a maturity date of February 3, 2026, follows the company’s repayment and restructuring of previous financial obligations, effectively satisfying all past debts under earlier notes. The new convertible note allows conversion into ordinary shares at a variable price, offering strategic flexibility in capital management.
More about Mercurity Fintech Holding
Mercurity Fintech Holding Inc. operates in the financial technology industry and is involved in providing solutions related to digital finance. The company focuses on offering services that facilitate blockchain and cryptocurrency transactions.
YTD Price Performance: -6.08%
Average Trading Volume: 421,833
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $455.8M
For a thorough assessment of MFH stock, go to TipRanks’ Stock Analysis page.
