500.com Ltd. (WBAI) Climbs 114%
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500.com Limited Announces Private Placement and Appointment of New Officers
December 21, 2020 6:50 AM ESTSHENZHEN, China, Dec. 21, 2020 /PRNewswire/ --Â 500.com Limited (NYSE: WBAI) ("500.com" or the "Company"), an online sports lottery service provider in China, today announced that it has entered into a definitive share subscription agreement (the "Agreement") with Good Luck Information Technology Co., Limited ("Good Luck Information"), a company incorporated in Hong Kong, for the issuance and sale of newly issued Class A ordinary shares of the Company ("Class A Shares").
Pursuant to the Agreement, Good Luck Information will purchase 85,572,963... More
