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Stock impact report

Luokung Technology Corp. Announces Closing of the Securities Purchase Agreement with Honbridge Holdings Limited

Luokung Technology Corp - Ordinary Shares (LKCO) 
Company Research Source: PR Newswire
BEIJING, Aug. 5, 2019 /PRNewswire/ -- Luokung Technology Corp. (Nasdaq: LKCO) ("Luokung" or the "Company"), one of the global leading spatial-temporal big-data processing technology companies, a leading interactive location-based services company in China, today announced it has received the $6 million payment for the 2nd tranche of 1,000,000 shares sold pursuant to the Securities Purchase Agreement signed with Honbridge Holdings Limited on January 16, 2019. The Securities and Exchange Commission has confirmed the effectiveness of the Company's registration statement, which includes 1 million ordinary shares the Company will issue to Hongbridge Holding Limited within three days after receives subsequent payment. About Luokung Technology Corp. Luokung Technology Corp. is one of the global leading spatial-temporal big-data processing technology companies and a leading interactive location-based services company in China. The core brands of the Company are "Luokuang" and "SuperEngine". " Show less Read more
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