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An announcement from Mercurity Fintech Holding ( (MFH) ) is now available.
Mercurity Fintech Holding Inc. announced a new private placement offering, raising approximately $8 million by selling 1,370,000 ordinary shares to a non-U.S. investor, priced at the market rate. This funding, expected to close by January 17, 2025, follows a similar $10 million investment in December 2024, and will be used to develop AI hardware manufacturing and advanced liquid cooling solutions, reflecting strong confidence in the company’s strategic vision.
More about Mercurity Fintech Holding
Mercurity Fintech Holding Inc. is a digital fintech company with subsidiaries focused on distributed computing and digital consultation in North America and the Asia-Pacific region. The company aims to deliver innovative financial solutions while maintaining compliance, professionalism, and operational efficiency, contributing to the evolution of digital finance.
YTD Price Performance: -25.93%
Average Trading Volume: 390,189
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $348.8M
For detailed information about MFH stock, go to TipRanks’ Stock Analysis page.
