Akso Health Group Said On Oct 2, Co Entered Into Certain Securities Purchase Agreement With Certain Non-U.S. Persons To Sell An Aggregate Of About 35.7M Units, With Net Proceeds Of ~$14M
Portfolio Pulse from Charles Gross
Akso Health Group has entered into a securities purchase agreement with non-U.S. persons to sell approximately 35.7 million units, with net proceeds of around $14 million.
October 02, 2023 | 9:28 pm
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Akso Health Group's agreement to sell 35.7 million units could potentially increase liquidity and strengthen its financial position.
The sale of 35.7 million units by Akso Health Group could potentially increase the company's liquidity and strengthen its financial position. This could make the company more attractive to investors, potentially leading to an increase in the stock price in the short term.
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