DTSS - Why Datasea (DTSS) Shares Are Volatile During Tuesday's Session | Benzinga
Datasea Inc (NASDAQ:DTSS) shares are trading lower by 27.1% to $3.60 during Tuesday’s session after the company announced that it priced its $2.25 million registered direct offering of 692,307 shares at $3.25 per share.
The offering is expected to close around July 3, pending standard conditions. The funds will be used for research and development, market expansion and general corporate purposes.
EF Hutton LLC is acting as the exclusive placement agent for the offering.
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