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Zhongchao ( (ZCMD) ) has provided an announcement.
Zhongchao Inc. recently completed a private placement, issuing 10 million Class A ordinary shares and warrants to purchase additional shares, raising $3 million. The company subsequently issued 9.6 million shares upon cashless exercise of the warrants, resulting in 24.7 million shares outstanding, marking a significant expansion of its equity base.
More about Zhongchao
YTD Price Performance: -35.10%
Average Trading Volume: 744,018
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.74M
For detailed information about ZCMD stock, go to TipRanks’ Stock Analysis page.