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Baosheng Media ([[BAOS]] -0.8%) has entered into a securities purchase agreement with two investors, including a wholly-owned subsidiary of Ebang International (EBON) for an investment of $10M.Baosheng Media has agreed to issue an aggregate of 1,960,784 units to the investors, with each unit consisting of one ordinary share of the, par value $0.0005 per share and a warrant to purchase one half of one Ordinary Share at an exercise price of $5.61.Company intends to use the net proceeds for blockchain-based marketing activities and cryptocurrency associated business.