ZK International Group Co., Ltd. Announces $2 Million Investment in NASDAQ Listed Company Recruiter.com Group, Inc.
ZK International Group Co., Ltd - Ordinary Share (ZKIN)
US:NASDAQ Investor Relations:
ir.zkinternationalgroup.com
Company Research
Source: PR Newswire
WENZHOU, China, July 19, 2024 /PRNewswire/ -- ZK International Group Co., Ltd. (Nasdaq: ZKIN) ("ZKIN", "ZK International" or the "Company"), a leading manufacturer and supplier of patented high-performance stainless steel and carbon steel pipe products, is pleased to announce that on July 12, 2024, the Board of Directors approved and ratified an investment of $2 million in Recruiter.com Group, Inc. (Nasdaq: RCRT) ("Recruiter.com") through the purchase of 2,000,000 shares of Common Stock at a purchase price of $1.00 per share. This investment includes a six-month option to purchase an additional 2,000,000 shares at $1.00 per share pursuant to certain Stock Purchase Agreements dated July 12, 2024 (the "SPA") by and between the Company and Recruiter.com (the "2024 Exempt Offering").On July 12, 2024, we entered into an SPA with Recruiter.com, which is a Nasdaq-listed company. As a result, the shares to be issued in the 2024 Exempt Offering are exempt from the registration requirements of
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ZKIN
Sec Filings
- 9/19/24 - Form 6-K
- 8/16/24 - Form 6-K
- 8/13/24 - Form 20-F
- ZKIN's page on the SEC website