Mercurity Fintech Holding Inc. Priced Additional $8 Million Private Placement Financing to Strengthen Its Business Development in AI Manufacturing Innovations
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Mercurity Fintech Holding Inc. has announced an $8 million private placement financing to support its AI manufacturing innovations. The company sold 1,370,000 shares at $5.87 each, matching the market price, to raise funds for business development.
January 15, 2025 | 1:15 pm
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Mercurity Fintech Holding Inc. has raised $8 million through a private placement to enhance its AI manufacturing innovations. The shares were sold at the market price, indicating investor confidence.
The successful pricing of the private placement at market value suggests strong investor confidence and provides MFH with capital to invest in AI manufacturing innovations. This is likely to positively impact the stock price in the short term as it indicates growth potential.
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RELEVANCE 100