MicroCloud Hologram (HOLO) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
MicroCloud Hologram Inc., a tech firm incorporated in the Cayman Islands, has announced the issuance of $28 million in convertible notes due 2025, along with the prospect of ordinary shares, following legal counsel’s confirmation of the company’s compliance with relevant laws and corporate good standing. The company’s registration statement and prospectus outline the terms, with legal opinions indicating that shares issued will be properly authorized, fully paid, and non-assessable under Cayman Islands law.
For further insights into HOLO stock, check out TipRanks’ Stock Analysis page.