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Shineco Secures $13.5 Million in Stock Sale

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Shineco Secures $13.5 Million in Stock Sale

Confident Investing Starts Here:

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.

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