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MicroCloud Hologram ( (HOLO) ) has provided an update.
On January 20, 2025, MicroCloud Hologram Inc. entered into Convertible Note Purchase Agreements, issuing $40 million in unsecured convertible promissory notes on January 21, 2025. This financial move aims to bolster the company’s working capital and general corporate purposes, positioning it strategically within its industry by potentially expanding its shareholder base through note conversion into class A ordinary shares.
More about MicroCloud Hologram
MicroCloud Hologram Inc., based in Shenzhen, China, operates in the technology sector, focusing on the development and commercialization of holographic technology and related services.
YTD Price Performance: -70.69%
Average Trading Volume: 16,381,527
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $34.93M
For an in-depth examination of HOLO stock, go to TipRanks’ Stock Analysis page.
