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TuanChe ( (TC) ) has issued an update.
On February 28, 2025, Token Cat Limited, formerly known as TuanChe Limited, entered into a securities purchase agreement with non-U.S. investors to sell up to 7,357,500,000 Class A ordinary shares at $0.0031317 per share, totaling approximately $23.04 million. The proceeds from this private placement will be used for working capital and general corporate purposes, with the closing contingent on meeting all conditions outlined in the agreement.
More about TuanChe
YTD Price Performance: -20.65%
Average Trading Volume: 793,352
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $1.51M
For a thorough assessment of TC stock, go to TipRanks’ Stock Analysis page.