Fangdd Network (DUO) Announces 3.125M Share Offering at $1.60/sh
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FangDD Announces Pricing of US$5.0 Million Registered Direct Offering
October 4, 2024 2:20 PM EDTSHENZHEN, China, Oct. 04, 2024 (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (Nasdaq: DUO) (FangDD or the Company), a customer-oriented property technology company in China, today announced that it has entered into a securities purchase agreement with certain investors (the Purchase Agreement) for the issuance and sale by the Company of up to 3,125,000 Class A ordinary shares (or pre-funded warrants in lieu thereof), at a price of US$1.60 per share (or US$1.5994375 per pre-funded warrant), in a registered direct offering.
The Purchase Agreement contains representations, warranties and other provisions customary... More
