Tian Ruixiang Holdings (TIRX) has released an update.
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Tian Ruixiang Holdings has entered into an agreement to sell Class A ordinary shares to purchaser Li Bei for $650,000, with the transaction expected to close on November 14, 2024. This move underscores the company’s commitment to expanding its shareholder base and maintaining financial flexibility. The purchaser also gains rights to additional shares and anti-dilution protection, reflecting a strategic investment approach.
For further insights into TIRX stock, check out TipRanks’ Stock Analysis page.