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Stock impact report

Antelope Enterprise Announces Warrant Exchange Agreements [Yahoo! Finance]

Antelope Enterprise Holdings Limited - Class A Ordinary Shares (AEHL) 
Company Research Source: Yahoo! Finance
the "Company"), which operates Kylin Cloud, a livestreaming ecommerce business in China with access to 800,000+ anchors and influencers, announced today that on February 15, 2024 , the Company entered into warrant exchange agreements with each of several holders (the "Holders") of warrants to purchase the Company's Class A ordinary shares. Pursuant to the warrant exchange agreements, the Holders agreed to surrender the warrants for cancellation and the Company agreed, in exchange, to issue 0.5 restricted Class A Ordinary Shares and in cash for each warrant. The Holders owned 202,030 warrants at the time of entering into the warrant exchange agreements and received 101,018 restricted Class A ordinary shares and in cash upon closing of the transaction. The warrants were issued to the Holders in connection with different transactions of the Company. 183,334 warrants were issued to the Holders on September 30, 2022 , 9,138 warrants were issued on June 14, 2021 , 5,882 warrants were is Show less Read more
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