SRIVARU Holding (SVMH) has released an update.
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SRIVARU Holding Limited has entered into a Purchase Agreement to sell up to $25 million of its ordinary shares to an undisclosed investor, leveraging an exemption from the standard securities registration requirements. The agreement is based on specific terms and conditions that reflect customary definitions and protocols within the securities trading framework. This strategic move aims to bolster SRIVARU Holding’s financial position by tapping into additional capital through the equity market.
For further insights into SVMH stock, check out TipRanks’ Stock Analysis page.
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