Mercurity Fintech (MFH) Announces $5M Public Equity Financing

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Go back to Mercurity Fintech (MFH) Announces $5M Public Equity Financing

Mercurity Fintech Holding Inc. Announced Third Private Investment in Public Equity Financing of $5 Million

December 27, 2022 6:30 PM EST

New York, Dec. 27, 2022 (GLOBE NEWSWIRE) -- Mercurity Fintech Holding Inc. (the Company, we, us, our company, or MFH) (Nasdaq: MFH), a digital fintech group powered by blockchain technology, today announced that on December 23, 2022, in connection with its private investment in public equity financing (the PIPE), it entered into a Securities Purchase Agreement (the SPA) with an accredited non-U.S. investor to offer and sell the Companys units, each consisting of one ordinary share and three Warrants (each, a Warrant and collectively, the Warrants) for total gross proceeds of $5 million (the Proceeds). The closing of this third PIPE financing... More