noco-noco Inc (NCNC) has released an update.
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noco-noco Inc. has entered into a share subscription agreement with GEE Strategy Revitalize Japan Limited, where the latter will acquire over 25 million ordinary shares at a total value of US$ 4.6 million, with payments due by September 30, 2024. The shares come with a lock-up period of 60 days from the payment date. This strategic financial move is set to bolster noco-noco Inc.’s capital and signifies a strong vote of confidence from the subscriber in the company’s future.
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