HAPP - Happiness Biotech launches $2.25M private support
Happiness Biotech ([[HAPP]] +15.5%) entered into a certain securities purchase agreement with three non-U.S. investors under which it has agreed to sell 900K ordinary shares at $2.5/share.Gross proceeds to be used for the development of Happy Buy's B2B e-Commerce business as well as for working capital and general corporate use."In addition to the capital, these investors plans to bring other resources and business opportunities to Happy Buy. We believe that Happy Buy will witness growth after this financing," CEO Mr. Xuezhu Wang commented.
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Happiness Biotech launches $2.25M private support