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MicroCloud Hologram ( (HOLO) ) just unveiled an update.
On June 4, 2025, MicroCloud Hologram Inc. entered into Convertible Note Purchase Agreements with investors to issue convertible notes totaling $36 million, with $12 million issued by June 5, 2025. These notes, offered in a registered direct offering, have a 360-day term and an 8% discount, with the company retaining the right to prepay. The proceeds will be used for working capital and corporate purposes, potentially impacting the company’s financial flexibility and market positioning.
More about MicroCloud Hologram
MicroCloud Hologram Inc. operates in the technology industry, focusing on holographic solutions. The company is based in Shenzhen, China, and is involved in the development and sale of holographic products and services.
Average Trading Volume: 2,869,679
Technical Sentiment Signal: Strong Sell
Current Market Cap: $25.15M
See more data about HOLO stock on TipRanks’ Stock Analysis page.