Akso Health Group Sponsored ADR (AHG) has released an update.
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Akso Health Group has entered into a Securities Purchase Agreement to issue and sell up to 361,290,000 units, each comprising a Class A ordinary share and three warrants, at $0.369 per unit. The agreement is in accordance with exemptions from securities registration, targeting non-US investors for their personal investment. This move aims to bolster Akso Health Group’s capital structure, potentially impacting its market position and investor interest.
For further insights into AHG stock, check out TipRanks’ Stock Analysis page.