Paranovus Entertainment Technology Ltd. has entered into a sales agreement with A.G.P/Alliance Global Partners to issue and sell its Class A ordinary shares through an at-the-market offering. Under the terms of the agreement, A.G.P/Alliance Global Partners will act as the sales agent, using commercially reasonable efforts to place the shares on behalf of Paranovus. The offering is subject to various conditions and may be suspended, canceled, or terminated as specified in the agreement.
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