Your email has been successfully added to our mailing list.

×
-0.116728624535316 -0.122676579925651 -0.0981412639405205 -0.143494423791822 -0.103434944237918 -0.0907063197026023 -0.0111524163568773 -0.0282527881040893
Stock impact report

Kandi Technologies Announces Entry into Agreement for Registered Direct Placement of $100 Million of Common Stock and Warrants

Kandi Technologies Group, Inc (KNDI)  More Company Research Source: GlobeNewswire
US:NASDAQ Investor Relations: en.kandivehicle.com/investornews.aspx?classid=3
PDF JINHUA, China, Nov. 20, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the “Company” or “Kandi”) (NASDAQ GS: KNDI), today announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct placement of $100 million of 8,849,560 units (the “Units”) of its securities at a purchase price per Unit of $11.30, generating aggregate gross proceeds to the Company of approximately $100 million, before deducting fees to the placement agent and other estimated offering expenses payable by the Company.  Each Unit consisted of one share of our common stock and 0.4 warrants to purchase a share of our common stock.  The warrants have an exercise price of $14.50 per share, a term of 30 months, and are exercisable upon issuance.   The net proceeds from this offering are expected to be used for general working capital purposes including research and development of EV sports car models and expenditures necessary to assure tha [Read more]
Impact snapshot Event time: KNDI
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last price
VWAP
High:
Max up
High:
Low:
Max down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Opt-in for
KNDI alerts
from News Quantified
Opt-in for
KNDI alerts

from News Quantified
Opt-in for
KNDI alerts

from News Quantified