On July 28, 2023, Boqii Holding Entered Into A Securities Purchase Agreement With VG Master Fund Under Which The Company May Sell And Issue In Its Discretion, Up To $8M Of ADS's To The Investor, From Time To Time
Portfolio Pulse from Charles Gross
Boqii Holding has entered into a securities purchase agreement with VG Master Fund. Under this agreement, Boqii may sell and issue up to $8M of ADS's to VG Master Fund at its discretion.
July 31, 2023 | 10:10 am
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Boqii Holding's new agreement with VG Master Fund allows it to issue up to $8M of ADS's, potentially providing a financial boost for the company.
The agreement allows Boqii Holding to sell and issue up to $8M of ADS's to VG Master Fund. This could provide a significant financial boost for the company, potentially leading to a positive impact on its stock price in the short term.
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IMPORTANCE 75
RELEVANCE 100