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MicroCloud Hologram ( (HOLO) ) has issued an update.
On February 17, 2025, MicroCloud Hologram Inc. entered into Convertible Note Purchase Agreements with investors, issuing $40 million in Unsecured Convertible Promissory Notes on February 18, 2025. These notes are part of a registered direct offering and are intended to provide the company with working capital and support general corporate purposes. The issuance may impact the company’s market positioning by providing additional financial resources, while investors gain the potential to convert their notes into shares, influencing shareholder composition.
More about MicroCloud Hologram
MicroCloud Hologram Inc. operates in the hologram technology sector, providing advanced holographic solutions. The company focuses on developing and selling products that leverage holographic technology to enhance visual experiences and communication methods.
YTD Price Performance: -77.59%
Average Trading Volume: 25,340,932
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $26.71M
See more data about HOLO stock on TipRanks’ Stock Analysis page.
