Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / MKD - Molecular Data secures in convertible debt


MKD - Molecular Data secures in convertible debt

Molecular Data ([[MKD]] +2.7%) has entered into definitive agreement with YA II PN, managed by Yorkville Advisor Global, wherein the company will issue convertible debentures of $5M through private placement.The convertible debentures will bear annual interest of 5%, and mature after one year of issuance.Upon conversion, the Company will deliver ADS, with initial conversion price shall be the lower of $1.30/ADS, or 88% of a reference price benchmarked against trading price of the Company’s ADSs.

For further details see:

Molecular Data secures in convertible debt
Stock Information

Company Name: Molecular Data Inc.
Stock Symbol: MKD
Market: NASDAQ

Menu

MKD MKD Quote MKD Short MKD News MKD Articles MKD Message Board
Get MKD Alerts

News, Short Squeeze, Breakout and More Instantly...