FangDD Announces Pricing of US$5.0 Million Registered Direct Offering
Fangdd Network Group Ltd. - Class A Ordinary Shares (DUO)
Last fangdd network group ltd. - class a ordinary shares earnings: 3/31 05:00 am
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Source: GlobeNewswire
SHENZHEN, China, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (Nasdaq: DUO) (“FangDD” or the “Company”), a customer-oriented property technology company in China, today announced that it has entered into a securities purchase agreement with certain investors (the “Purchase Agreement”) for the issuance and sale by the Company of up to 3,125,000 Class A ordinary shares (or pre-funded warrants in lieu thereof), at a price of US$1.60 per share (or US$1.5994375 per pre-funded warrant), in a registered direct offering. The Purchase Agreement contains representations, warranties and other provisions customary for transactions of this nature. The offering is expected to close on or about October 7, 2024, subject to the satisfaction of customary closing conditions. FangDD intends to use the net proceeds from this offering for general corporate purposes. The Company has engaged MM Global Securities, Inc. as its exclusive placement agent in connection with this offering. The
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DUO
News
- FangDD Received Nasdaq Notification Regarding Minimum Bid Price Requirement [Yahoo! Finance]Yahoo! Finance
- FangDD Received Nasdaq Notification Regarding Minimum Bid Price RequirementGlobeNewswire
- Fangdd Announces Pricing of US$7.0 Million Registered Direct OfferingGlobeNewswire
- Fangdd Announces Pricing of US$5 Million Registered Direct OfferingGlobeNewswire
- Fangdd Network regains compliance with Nasdaq minimum bid price rule [Seeking Alpha]Seeking Alpha
DUO
Sec Filings
- 12/27/24 - Form 6-K
- 12/16/24 - Form SCHEDULE
- 12/16/24 - Form SC
- DUO's page on the SEC website