Infobird Co. Ltd.'s subsidiary, Infobird PRC entities, recently released its financial results, showing a net loss of $811,951. Additionally, the financial statements reported a foreign currency translation adjustment of $2,574. The results revealed no significant variation in sales or revenue figures compared to the previous period. In operational updates, the Infobird PRC entities issued ordinary shares under F3, net of issuance costs, amounting to $4.513 million. This move aligns with their ongoing efforts to solidify their financial position and support future growth initiatives.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Infobird Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001731122-25-001226), on September 10, 2025, and is solely responsible for the information contained therein.