Pricing of $18.7 Million Registered Direct Offering Priced ATM
ZW Data Action Technologies Inc. Announces Pricing of $18.7 Million Registered Direct Offering Priced at the Market under Nasdaq Rules
today announced that it has entered into a securities purchase agreement with several institutional investors for a registered direct placement of approximately $18.7 million of shares of common stock of the Company at a price of $3.59 per share. The price was set at market price in accordance with the rules of Nasdaq. The Company will issue a total of 5,212,000 shares of common stock to the institutional investors.
The Company also completed a concurrent private placement of warrants to purchase shares of common stock to the same institutional investors. The warrants are to purchase up to 2,606,000 shares at an exercise price of $3.59 and have a term of three and one-half years.
finance.yahoo.com/ne...ogies-231100286.html
ZW Data Action Technologies signed a strategic cooperation agreement with BitSpace for Joint Blockchain Mining Platform
The two parties will use their respective capital, platforms and resources to build a joint blockchain mining platform.
The ZW data’s blockchain infrastructure framework (BIF) platform will offer a new model of smart contract for automatic aggregate mining and achieve the automatic distribution of income.
finance.yahoo.com/ne...rtner-120000468.html
today announced that it has entered into a securities purchase agreement with several institutional investors for a registered direct placement of approximately $18.7 million of shares of common stock of the Company at a price of $3.59 per share. The price was set at market price in accordance with the rules of Nasdaq. The Company will issue a total of 5,212,000 shares of common stock to the institutional investors.
The Company also completed a concurrent private placement of warrants to purchase shares of common stock to the same institutional investors. The warrants are to purchase up to 2,606,000 shares at an exercise price of $3.59 and have a term of three and one-half years.
finance.yahoo.com/ne...ogies-231100286.html
ZW Data Action Technologies signed a strategic cooperation agreement with BitSpace for Joint Blockchain Mining Platform
The two parties will use their respective capital, platforms and resources to build a joint blockchain mining platform.
The ZW data’s blockchain infrastructure framework (BIF) platform will offer a new model of smart contract for automatic aggregate mining and achieve the automatic distribution of income.
finance.yahoo.com/ne...rtner-120000468.html