Wins Finance Holdings, Inc. (WINSF) has released an update.
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Wins Finance Holdings Inc. has entered into a Share Subscription Agreement with Jude Gongsheng International Medical Investment Management and Mr. Renhui Mu, collectively referred to as ‘Investors’, who will subscribe to approximately 76.1 million new shares for a total of USD 7.61 million. The investment will be completed in scheduled payments, with an initial down payment of $300,000 and the remainder due by the end of September 2024. This capital injection is part of a broader strategy involving organizational adjustments, mergers and acquisitions, and a plan to re-list the company on Nasdaq by December 2024.
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