TuanChe Limited Announces New Share Offering Plan

TuanChe (TC) has released an update.

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.

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