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-0.00840336134453764 0.0510924369747901 0.0420168067226891 0.0336134453781513 0.0168067226890756 -0.0336134453781511 1.86592104979018E-16 -0.0504201680672268
Stock impact report

Origin Agritech Announces Investment Agreements, Including Investment from Origin CEO Weibin Yan [Yahoo! Finance]

Origin Agritech Limited (SEED) 
US:NASDAQ Investor Relations: originseed.investorroom.com
Company Research Source: Yahoo! Finance
Origin announced that its CEO, Weibin Yan, has entered into a securities purchase agreement to invest $2,400,000 in the Company at $1.20 per share, thereby acquiring 2,000,000 ordinary shares. This investment demonstrates the executive leadership's strong commitment to Origin's future growth trajectory. Additionally, Origin has entered into a modification agreement with institutional investors to adjust the terms of an existing securities purchase agreement originally executed in August 2024. The modification consolidates the remaining second and third tranches into a single closing at a revised price of US$1.20 per share. The additional capital infusions of $2,400,000 from our CEO and $1,481,250 from institutional investors will support Origin's continued expansion in China's agricultural biotechnology sector, including enhanced research and development capabilities, expanded market penetration, and strengthened distribution networks. "These strategic investments demonstrate t Show less Read more
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