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SunMoon Food Co. Ltd. Announces Lapse of Convertible Notes Agreement

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SunMoon Food Co. Ltd. Announces Lapse of Convertible Notes Agreement

SunMoon Food Co. Ltd. ( (SG:AAJ) ) has provided an announcement.

SunMoon Food Company Limited announced that the non-binding term sheet with Beijing Mai Yourui Technology Development Co., Limited for the issuance of unsecured non-transferable zero coupon convertible notes has lapsed. This decision is not expected to adversely affect the company’s operations or business development. The company advises shareholders and potential investors to exercise caution in trading its shares and to seek professional advice when needed.

More about SunMoon Food Co. Ltd.

SunMoon Food Company Limited, incorporated in Singapore, operates in the food industry with a focus on providing a range of food products and services. The company, along with its subsidiaries, aims to cater to various market needs within the food sector.

Average Trading Volume: 946,440

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$16.26M

See more insights into AAJ stock on TipRanks’ Stock Analysis page.

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