FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “ TDH Holdings, Inc. Surges Amid Agreement and Closing of a Registered Direct Placement of $9.9 Million of Common Shares and Warrants ”
TDH Holdings, Inc. (NASDAQ: PETZ) surged over 63% in premarket trading after the company raised approximately $9.9 million in a registered direct offering of common shares and warrants.
The Company plans to use the net proceeds from this offering on strategic acquisitions and investments in complementary business but has no current understandings, agreements or commitments for any specific material acquisition at this time.
Founded in April 2002, TDH Holdings, Inc. (the “Company”) is a developer, manufacturer and distributer of a variety of pet food products under multiple brands that are sold in the China, Asia and Europe.
For more information, please visit: TDH Holdings, Inc.
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“The Buzz” Show: TDH Holdings, Inc (NASDAQ: PETZ) Closes USD 9.9 Million Direct Placement