Meten Holding Group Ltd. Announces Closing of $7.5 Million Registered Direct and Private Placement Offerings
Meten Holding Group Ltd. - Ordinary Shares (METX)
Company Research
Source: PR Newswire
SHENZHEN, China, Aug. 8, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("METX" or the "Company") (Nasdaq: METX), an omnichannel training company headquartered in China providing language and workplace training services and actively developing metaverse, blockchain and cryptocurrency mining businesses, today announced the closing of its previously announced registered direct offering and concurrent private placement with two institutional investors. The company issued 1,260,000 ordinary shares and pre-funded warrants to purchase up to 7,983,811 ordinary shares at a purchase price of $0.70 per share in a registered direct offering. The purchase price for the pre-funded warrants was identical to the purchase price for shares, less the exercise price of $0.001 per share.In a concurrent private placement, the Company also issued and sold to the same investors units to purchase pre-funded warrants to purchase up to 1,470,475 ordinary shares and common warrants to purchase 21,428,572 ordinar
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