2023-08-17 13:32:37 ET
- Datasea Inc ( NASDAQ: DTSS ) up 4% on Thursday after it announced the signing of a securities purchase agreement with an investor from China for an investment totaling $4 million.
- The shares were priced at $1.35 each, representing a substantial 125% premium over the current share price.
- The initial payment of $714,285.71 due within 5 business days from the agreement's effective date has been received by the company.
- A subsequent payment of $3,285,714.29 is due on or before October 15.
- Source: Press Release
For further details see:
Datasea up after announcing $4M private placement