Color Star Technology (ADD) has released an update.
Color Star Technology Co., Ltd. has successfully closed a securities purchase agreement, selling 2,350,000 Class A ordinary shares at $0.40 each, raising a total of approximately $940,000. The transaction, completed on September 12, 2024, was conducted under Regulation D, exempting it from the standard registration requirements. This capital raise marks a significant financial move for the company this September.
For further insights into ADD stock, check out TipRanks’ Stock Analysis page.