TuanChe (TC) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
TuanChe Limited has filed a registration statement with the SEC for the offering of its Class A ordinary shares, represented by American depositary shares (ADSs). The company plans to issue these shares, including those represented by warrants and pre-funded warrants, as part of its ongoing securities offering. This move is part of TuanChe’s strategy to raise capital by leveraging its authorized share capital.
For further insights into TC stock, check out TipRanks’ Stock Analysis page.