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Caravelle International ( (HTCO) ) has provided an announcement.
On March 24, 2025, High-Trend International Group completed a transaction involving the purchase of 3,345,698 warrants from High-Trend Holdings USA LLC. In exchange, the company issued 2,500,000 Class B ordinary shares and amended terms for the remaining 18,439,483 warrants held by the shareholder. This strategic move, approved by the board, aims to optimize the company’s capital structure and enhance shareholder value.
More about Caravelle International
YTD Price Performance: -74.46%
Average Trading Volume: 165,038
Technical Sentiment Signal: Buy
Current Market Cap: $128.2M
For an in-depth examination of HTCO stock, go to TipRanks’ Stock Analysis page.