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Roan Holdings Group ( (RAHGF) ) has provided an announcement.
On January 10, 2025, Roan Holdings Group Co., Ltd.’s Board of Directors unanimously resolved to amend its Memorandum and Articles of Association and to issue Class C Preferred Shares. This amendment, effective January 20, 2025, includes changes such as the automatic conversion of Class C Preferred Shares into ordinary shares and the issuance of 97,176,635 Class C Preferred Shares to July Technology Pte. Ltd. for RMB 41 million. This strategic move aims to enhance Roan’s capital structure, potentially strengthening its market position and offering new opportunities for investment growth.
More about Roan Holdings Group
Roan Holdings Group Co., Ltd. operates in the financial sector and provides services related to financial investments and corporate restructuring. The company is based in Hangzhou, Zhejiang, China, and it focuses on integrating technological advancements with financial services.
Average Trading Volume: 856
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $27
See more insights into RAHGF stock on TipRanks’ Stock Analysis page.