BRIEF-Luokung Technology Announces $5 Mln Registered Direct Placement

Reuters · 02/05/2021 14:18
BRIEF-Luokung Technology Announces $5 Mln Registered Direct Placement

- Luokung Technology Corp LKCO.O:

  • LUOKUNG TECHNOLOGY CORP. ANNOUNCES $5.0 MILLION REGISTERED DIRECT PLACEMENT

  • LUOKUNG TECHNOLOGY - REGISTERED DIRECT OFFERING OF $5.0 MILLION OF ORDINARY SHARES AT $0.52 PER SHARE

  • LUOKUNG TECHNOLOGY - WILL ALSO ISSUE TO INVESTORS WARRANTS FOR PURCHASE OF UP TO 4.8 MILLION ORDINARY SHARES AT EXERCISE PRICE OF $0.68 PER SHARE

Source text for Eikon: ID:nPn78n9Dqa

Further company coverage: LKCO.O


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