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Tungray Technologies Announces Share Issuance

Tungray Technologies Inc Class A (TRSG) has released an update.

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Tungray Technologies Inc is set to issue 1,250,000 Class A ordinary shares, with US Tiger Securities as the representative for the underwriters. The agreement includes an option for underwriters to purchase up to 187,500 additional shares and warrants for the representative to buy 5% of the offered shares. This move signifies Tungray Technologies’ efforts to expand its financial base and enhance its market presence.

For further insights into TRSG stock, check out TipRanks’ Stock Analysis page.

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