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Easou Technology Completes Share Placing and Subscription

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

Easou Technology Holdings Limited has announced the successful completion of its placing and subscription agreement, which involved the placement of 57,330,000 existing shares and the issuance of 57,330,000 new shares. The shares were placed at a price of HKD3.20 each to independent and non-connected parties, and the new shares represent approximately 14.84% of the company’s total issued shares. This move is expected to strengthen the company’s capital base and potentially enhance its market positioning.

More about Easou Technology Holdings Limited

Average Trading Volume: 17,529,494

Technical Sentiment Signal: Strong Sell

For a thorough assessment of 2550 stock, go to TipRanks’ Stock Analysis page.

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