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AirNet Technology ( (ANTE) ) has issued an announcement.
On January 13, 2025, AirNet Technology Inc. entered into a share purchase agreement with certain investors to issue and sell 15,070,000 ordinary shares at a price of US$0.4675 per share, raising an aggregate of US$7.0 million. This transaction, not requiring registration under Section 5 of the Securities Act, is expected to strengthen AirNet’s financial position, offering potential growth opportunities and positively impacting its stakeholders.
More about AirNet Technology
AirNet Technology Inc., formerly known as AirMedia Group Inc., operates within the technology sector, focusing on digital media and advertising services. The company is publicly traded on Nasdaq under the symbol ANTE, and is based in Beijing, China.
YTD Price Performance: -2.77%
Average Trading Volume: 242,013
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $6.27M
See more data about ANTE stock on TipRanks’ Stock Analysis page.
