MicroAlgo (MLGO) to issue additional new shares at $0.8/sh

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MicroAlgo Inc. plans to issue additional new shares at an offering price of $0.8 per share.

March 21, 2025 1:30 PM EDT

SHENZHEN, China, March 21, 2025 /PRNewswire/ -- MicroAlgo Inc. (NASDAQ: MLGO), (the "Company"or "MicroAlgo"), today announced the plan to issue more new shares, considering that MicroAlgo Inc. entered into a convertible bond purchase agreement with creditors on October 7, 2024, with a total amount of US$20... More