Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
The latest update is out from Shineco ( (SISI) ).
On May 29, 2025, Shineco, Inc. entered into a securities purchase agreement with non-U.S. investors to sell 18,000,000 shares of common stock at $0.75 per share, expecting gross proceeds of approximately $13.5 million. The transaction is not subject to U.S. Securities Act registration requirements and is expected to close around June 16, 2025, pending customary closing conditions and Nasdaq approval.
More about Shineco
Average Trading Volume: 531,517
Technical Sentiment Signal: Strong Sell
Current Market Cap: $9.34M
See more data about SISI stock on TipRanks’ Stock Analysis page.