tiprankstipranks
Quhuo Limited Converts Notes to Class A Shares
Company Announcements

Quhuo Limited Converts Notes to Class A Shares

Quhuo (QH) has released an update.

Don't Miss our Black Friday Offers:

Quhuo Limited has completed the conversion of senior convertible promissory notes into 793,868,246 Class A ordinary shares on August 8, 2024. This strategic move was part of an acquisition deal involving minority shareholders of Quhuo International Trade (HK) Limited, a non-wholly-owned subsidiary. The new shares come with restrictions on their transferability, adhering to the Securities Act of 1933 regulations.

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

Related Articles
TheFlyQuhuo announces strategic partnership with Panasonic Navinfo
TipRanks Auto-Generated NewsdeskQuhuo Limited Secures Nasdaq Listing Compliance
TheFlyQuhuo regains compliance with Nasdaq listing requirements
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App