Eshallgo (EHGO) and the investment fund CS Asia Opportunities jointly announced an equity investment. According to the securities purchase agreement between the two parties, CS Fund will become one of the shareholders of EHGO by injecting up to $20M in equity investment in tranches. In this cooperation, CS Fund will purchase a total of up to 4,166,660 shares of Eshallgo at a price of $4.80 per share in tranches. This equity cooperation will provide a foundation for Eshallgo’s entry into Tencent’s (TCEHY) business ecosystem.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EHGO: