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Name | Symbol | Market | Type |
---|---|---|---|
The9 Limited | NASDAQ:NCTY | NASDAQ | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.52 | 7.81% | 7.18 | 6.94 | 7.18 | 7.43 | 6.61 | 6.68 | 20,641 | 19:27:42 |
SHANGHAI, Nov. 30, 2023 /PRNewswire/ -- The9 Limited (Nasdaq: NCTY) (the "Company"), an established Internet company, today announced that it has closed a private placement securities purchase transaction with Bripheno Pte. Ltd., a Singapore limited liability company, pursuant to which the Company sold and issued:
All the above securities are subject to a 6-month lock up period. The Company has raised a total of US$12 million as the aggregate consideration for the securities. The Company plans to use proceeds to fund future growth.
The9 Limited
17 Floor,
No. 130, Wu Song Road,
Hong Kou District,
Shanghai 200080, PRC
About The9 Limited
The9 Limited (The9) is an Internet company listed on Nasdaq in 2004. The9 aims to become a global diversified high-tech Internet company, and is engaged in blockchain business including the operation of cryptocurrency mining.
View original content:https://www.prnewswire.com/news-releases/the9-limited-raised-us12-million-in-a-private-placement-transaction-to-fund-business-growth-302001789.html
SOURCE The9 Limited
Copyright 2023 PR Newswire
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