Antelope Enterprise Holdings (AEHL) has released an update.
Antelope Enterprise Holdings Ltd. has entered into a Securities Purchase Agreement dated June 28, 2024, to sell up to 21,617 of its Class A ordinary shares at $2.313 each to a purchaser, leveraging an exemption from securities registration as per the Securities Act of 1933. The private transaction, facilitated through the company’s legal counsel, involves comprehensive representations and warranties by both the company and the purchaser, emphasizing the company’s good standing and compliance with applicable securities laws. The capital raised through this agreement will be utilized in accordance with the terms specified, with the company ensuring that all issued shares are fully paid and non-assessable.
For further insights into AEHL stock, check out TipRanks’ Stock Analysis page.
