Meihua International Medical Technologies Co., Ltd. Announces Closing of Initial $6 Million Tranche of Potential $50.5 Million Maximum Offering
Meihua International Medical Technologies Co., Ltd. (MHUA)
Company Research
Source: PR Newswire
YANGZHOU, China, Jan. 2, 2024 /PRNewswire/ -- Meihua International Medical Technologies Co., Ltd. ("MHUA" or the "Company") (NASDAQ: MHUA), a reputable manufacturer and provider of Class I, II and III disposable medical devices with operating subsidiaries in China, today announced the closing of its previously disclosed registered direct offering with certain accredited institutional investors to purchase an initial $6 million tranche in the offering of up to $50.5 million of its 7% Original Issue Discount Senior Convertible Promissory Notes (the "Initial Notes"), and five-year ordinary share purchase warrants to purchase 1,205,255 ordinary shares of the Company (the "Initial Warrants"), exercisable at $2.9869 per ordinary share, in a concurrent private placement, for gross proceeds of approximately $5,580,000.After deducting the placement agent's commission and other offering expenses payable by the Company, the net proceeds to the Company were approximately $4,800,000. The Company i
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MHUA
News
- Meihua International Medical Technologies Full Year 2023 Earnings: EPS: US$0.49 (vs US$0.27 in FY 2022) [Yahoo! Finance]Yahoo! Finance
- Meihua International Medical Technologies Co., Ltd. Reports 2023 Financial Year Results [Yahoo! Finance]Yahoo! Finance
- Meihua International Medical Technologies Co., Ltd. Reports 2023 Financial Year ResultsPR Newswire
- Be Wary Of Meihua International Medical Technologies (NASDAQ:MHUA) And Its Returns On Capital [Yahoo! Finance]Yahoo! Finance
MHUA
Sec Filings
- 4/24/24 - Form 20-F
- 4/24/24 - Form 6-K
- 4/3/24 - Form 6-K
- MHUA's page on the SEC website