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0.0199939412299303 -0.000302938503483928 0.00636170857315962 -0.0148439866707059 -0.0257497727961224 -0.0154498636776734 -0.0508936685852773 -0.0430172674946987
Stock impact report

Yoshitsu ADRs Dive 55% on Direct Offering of 6M ADSs [MarketWatch]

Yoshitsu Co., Ltd - American Depositary Shares (TKLF) 
Company Research Source: MarketWatch
ADRs are down 72% over the last 12 months. Advertisement The retailer and wholesaler of Japanese beauty and health products will issue about 6 million American depositary shares at a price of 67 cents each in a registered direct offering. In a concurrent private placement, the company also agreed to sell the same investors ADS purchase warrants. Yoshitsu expects aggregate gross proceeds for both transactions to be about $4 million. The offering is expected to close on or about Jan. 30. Write to Denny Jacob at denny.jacob@wsj.com Show less Read more
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