China Ruyi Holdings Announces Private Placement of 910 Million New Shares in Two Tranches Under General Mandate
Reuters
Sep 24
<a href="https://laohu8.com/S/00136">China Ruyi</a> Holdings Announces Private Placement of 910 Million New Shares in Two Tranches Under General Mandate
China Ruyi Holdings Limited has announced the entry into a second supplemental agreement regarding the issue of new shares under a General Mandate. This development follows previous announcements related to the company's strategy to issue new shares. The second supplemental agreement includes changes to the Subscription Agreement with the Subscriber, Infini Global Master Fund, and the Placing Agreement with the Placing Agent. A notable amendment involves removing the condition requiring the Subscriber to secure written consent from limited partners representing 50% or more of the partnership interest in the Infini Global Master Fund for the completion of the second tranche subscription. Shareholders and potential investors are advised to exercise caution when dealing with the company's securities.
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