MMTec, Inc. (MTC) Announces 5M Share Private Placement at $0.40/sh
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MMTEC, Inc. Announces Entry Into Agreement for a $2.0 million Private Placement
December 20, 2021 6:00 PM ESTBEIJING, Dec. 20, 2021 /PRNewswire/ -- MMTEC, Inc. (NASDAQ: MTC) ("MMTEC", "we", "our" or the "Company"), a China-based technology company that provides access to the U.S. financial markets, today announced that on December 20, 2021, it had entered into a Securities Purchase Agreement (the "Purchase Agreement") with a single investor (the "Investor") pursuant to which the Investor will make a $2.0 million investment in the Company in a Regulation S private placement. Under the terms of the Purchase Agreement, the Investor will purchase 5,000,000 common shares of the Company at a... More
