Ebang International (EBON) Announces Pricing of Follow-on Public Offering

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Ebang International Announces Pricing of Follow-on Public Offering

February 11, 2021 8:30 AM EST

HANGZHOU, China, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON, the Company, we or our), a blockchain technology company in the global market, today announced its pricing of a best-effort follow-on public offering of up to a maximum of 16 million units (which we intend to increase to a maximum of 19.2 million units) at a purchase price of US$5.00 per unit. Each unit consists of one Class A ordinary share and one warrant to purchase one-half of one Class A ordinary share of the Company. Each two warrants will have an exercise price of US$5.25 per Class A... More