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Top KingWin Ltd Secures $1 Million in Convertible Notes to Bolster Capital

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Top KingWin Ltd Secures $1 Million in Convertible Notes to Bolster Capital

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The latest update is out from Top KingWin ( (WAI) ).

Top KingWin Ltd announced on February 18, 2025, that it has entered into a securities purchase agreement with an accredited investor to issue convertible notes worth up to $1,000,000. These notes are convertible into class A ordinary shares and bear an interest rate of 11.75% per annum. The proceeds will support general corporate and working capital needs. The company plans to issue additional tranches up to a total of $28,500,000, positioning itself for expanded financial maneuverability. This move is expected to strengthen Top KingWin’s market position by providing necessary capital for growth and operational flexibility.

More about Top KingWin

Top KingWin Ltd operates in the financial sector and is involved in securities and investment activities. The company focuses on issuing convertible notes and other financial instruments to raise capital for corporate and working capital purposes.

YTD Price Performance: -10.86%

Average Trading Volume: 2,301,501

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $57.09M

For detailed information about WAI stock, go to TipRanks’ Stock Analysis page.

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