tiprankstipranks
Antelope Enterprise Holdings announces $1.3M private placement
The Fly

Antelope Enterprise Holdings announces $1.3M private placement

Antelope Enterprise Holdings announced that it closed a private placement or PIPE financing with a select group of investors led by the company’s CEO, Weilai Zhang. The PIPE financing is for the sale of 1,625,000 ordinary shares at a price per share of 80c, the closing price of its ordinary shares on the Nasdaq Capital Market as of January 10, 2023. The gross proceeds of the private placement are $1.3M, before deducting any fees or expenses. The company plans to use the net proceeds from the offering for the expansion of the company’s social ecommerce business and for general corporate purposes.

Published first on TheFly

See today’s best-performing stocks on TipRanks >>

Read More on AEHL:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles