Mercurity Fintech (MFH) Announces $5M Private Placement

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/5/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. SWKS
7. ANET
8. SPY
9. XYZ
10. CVS

Go back to Mercurity Fintech (MFH) Announces $5M Private Placement

Mercurity Fintech Holding Announces $5 Million Private Placement

October 19, 2021 4:05 PM EDT

Shenzhen, China, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (NASDAQ: MFH) ("Mercurity" or the "Company"), a fintech company powered by blockchain technology and provides services including asset digitization, and cross-border remittance technology support, announced today that it has entered into purchase agreements with investors for aggregate gross proceeds of approximately $5 million to the Company, which will be settled in the form of USDC. Pursuant to the private placements, the Company will issue up to 571,428,570 ordinary shares at a purchase price of $0.00875 per ordinary share, and warrants to purchase up to 571,428,570 ordinary shares at agreed... More