Reto Eco-Solutions (RETO) has released an update.
ReTo Eco-Solutions, Inc. has amended its Securities Purchase Agreement with investors, changing the purchase price per share from $1.00 to $4.00 following a 10-for-one share combination. This adjustment reflects on the aggregate $15 million in common shares sold to the purchasers. The amendment also stipulates conditions under which shares must be returned if the revised subscription amount is not paid.
For further insights into RETO stock, check out TipRanks’ Stock Analysis page.
