Datasea announced the closing of its previously announced registered direct offering with a certain institutional investor, pursuant to which the Company sold 692,308 shares of its common stock at an offering price of $3.25 per share of common stock in a registered direct offering. EF Hutton LLC acted as the exclusive placement agent for the offering.
Elevate Your Investing Strategy:
- 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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DTSS:
- Datasea enters three new sales agreements with China subsidiaries
- Datasea’s Shuhai Information enters agreement with Haoteng Chuangxiang
- Datasea reports estimated April revenue of $12.5M
- Datasea Pre-Announces Estimated Revenue of $12.5 Million for April 2024 Supporting its Prior Revenue Guidance of $86 Million for Fiscal 2024