Fangdd Network Group ( (DUO) ) just unveiled an announcement.
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Fangdd Network Group Ltd. has entered into an agreement with MM Global Securities, Inc. to act as its exclusive placement agent for the distribution of its securities. The agreement outlines MM Global’s role in soliciting offers and placing securities on a ‘best efforts’ basis, with the company retaining the right to accept or reject offers. This move is aimed at raising capital through a proposed offering of securities, with MM Global receiving a placement fee and the company covering all related expenses.
More about Fangdd Network Group
Fangdd Network Group Ltd. is a company based in the Cayman Islands, operating within the securities industry. Its primary product involves offering its Class A ordinary shares and pre-funded warrants to investors, focusing on facilitating securities transactions.
YTD Price Performance: 14.93%
Average Trading Volume: 22,500,048
Technical Sentiment Consensus Rating: Hold
See more insights into DUO stock on TipRanks’ Stock Analysis page.
