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Easou Technology Announces Share Placing and Subscription Agreement

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Easou Technology Holdings Limited ( (HK:2550) ) has shared an announcement.

Easou Technology Holdings Limited has announced a Placing and Subscription Agreement involving the sale and issuance of shares. The agreement includes the sale of 65,787,000 existing shares by a vendor and the issuance of an equivalent number of new shares to the vendor, both at the same price. This transaction represents approximately 17.0% of the company’s total issued shares and aims to enhance the company’s capital structure. The completion of this agreement is contingent upon certain conditions, including no material adverse changes in the company’s financial condition and the receipt of necessary legal opinions.

More about Easou Technology Holdings Limited

Easou Technology Holdings Limited is a company incorporated in the Cayman Islands, operating with limited liability. The company is listed on the Stock Exchange of Hong Kong and is involved in the technology sector, focusing on providing digital and internet services.

Average Trading Volume: 69,817,777

Technical Sentiment Signal: Hold

Current Market Cap: HK$2.11B

See more insights into 2550 stock on TipRanks’ Stock Analysis page.

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