Fangdd Network Strengthens with New Share Issue
Company Announcements

Fangdd Network Strengthens with New Share Issue

Fangdd Network Group (DUO) has released an update.

Fangdd Network Group Ltd. has entered into a share subscription agreement with Zx International Ltd, controlled by Fangdd’s CEO Xi Zeng, to issue 3,901 Class C Ordinary Shares at $2.53 each. This strategic financial move is aimed at leveraging exemptions from U.S. registration requirements, suggesting a strengthening of internal investment and confidence in the company’s growth.

For further insights into DUO stock, check out TipRanks’ Stock Analysis page.

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