ReTo Eco-Solutions, Inc. Announces $6.6M Registered Direct Offering Of 2M Shares Of Common Stock At A Price Of $3.30/Share
Portfolio Pulse from Happy Mohamed
ReTo Eco-Solutions announces a $6.6M registered direct offering of 2M shares at $3.30/share. The company plans to use the proceeds for business growth, working capital, and acquisitions or investments in technologies, products, and businesses.
May 19, 2023 | 12:31 pm
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ReTo Eco-Solutions plans to raise $6.6M through a registered direct offering of 2M shares at $3.30/share, with proceeds to be used for business growth and acquisitions.
The registered direct offering will provide ReTo Eco-Solutions with additional capital to fund its business growth, working capital, and potential acquisitions or investments. This could lead to an expansion of the company's operations and an increase in its value, which may positively impact its stock price in the short term.
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