Pop Culture Group (CPOP) has released an update.
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Pop Culture Group Co., Ltd has successfully completed a private placement, raising $10 million by selling 10 million Class A ordinary shares at $1 each to a group of 12 international investors. The shares were sold in compliance with Regulation S of the Securities Act of 1933, which exempts transactions made outside of the U.S. The company plans to use the proceeds at its management’s discretion.
For further insights into CPOP stock, check out TipRanks’ Stock Analysis page.