Huitao Technology (HHT) Prices 2.7M Share Registered Direct Offering at $0.55/Sh

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Go back to Huitao Technology (HHT) Prices 2.7M Share Registered Direct Offering at $0.55/Sh

Huitao Technology Announces Pricing of Approximately $1.5 million Registered Direct Offering

March 31, 2020 9:00 AM EDT

BEIJING, March 31, 2020 /PRNewswire/ -- Huitao Technology Co., Ltd. (Nasdaq CM: HHT) (the "Company", "we" or "HHT"), a company engaged in the businesses of producing advanced ready-mix concrete materials and providing education services, announced today it has entered into a securities purchase agreement with certain accredited investors to purchase approximately $1.5 million worth of its ordinary shares in a registered direct offering and warrants to purchase ordinary shares in a concurrent private placement.

Under the terms of the securities purchase agreement, the Company has agreed to sell approximately 2.7 million ordinary... More