MicroCloud Hologram Launches Convertible Notes
Company Announcements

MicroCloud Hologram Launches Convertible Notes

MicroCloud Hologram (HOLO) has released an update.

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.

Related Articles
TipRanks Auto-Generated NewsdeskMicroCloud Hologram Unveils $28M Convertible Notes Plan
TipRanks Auto-Generated NewsdeskMicroCloud Hologram Regains Compliance with Nasdaq
TheFlyMicroCloud Hologram Inc trading resumes
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App