Haoxi Health Tech Simplifies Capital Structure with Share Exchange

Haoxi Health Technology Limited Class A (HAO) has released an update.

Haoxi Health Technology Limited has entered into a Warrant Exchange Agreement to cancel 3,998,000 existing warrants, issuing approximately 19.99 million Class A ordinary shares to investors. This move aims to simplify the company’s capital structure and leverage exemptions under federal securities law, offering a more direct equity stake to its current warrant holders. Investors in the financial markets might find this strategic shift noteworthy as it could impact the company’s stock dynamics.

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