Antelope Enterprise Holdings (AEHL) has released an update.
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Antelope Enterprise Holdings Limited has utilized a shelf registration process approved by the SEC to potentially issue up to $75 million in various securities. The company has recently initiated a $990,000 convertible promissory note with Indigo Capital L.P., which could lead to the issue of Class A ordinary shares. A legal opinion from British Virgin Islands counsel confirms the company’s good standing and the legality of the transaction under BVI laws.
For further insights into AEHL stock, check out TipRanks’ Stock Analysis page.
