Kuke Music Holding Ltd. Announces Issuance of 8.03 Million American Depositary Shares at $3.54 Each
Kuke Music Holding Ltd., a leading classical music service platform in China, has announced a new securities purchase agreement for the issuance and sale of 8,030,000 American Depositary Shares. Each share is priced at $3.54, collectively representing 80,300,000 Class A ordinary shares. This financial move is part of the company's strategic initiatives to strengthen its market position and expand its operations. The details of this transaction have been incorporated into the company's existing Registration Statement on Form F-3.
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