Brief: Urban Tea Inc Announces Pricing Of $5 Million Ordinary Share Registered Direct Offering

Bit Brother

25/06/2020 14:31

June 25 (Reuters) - Urban Tea Inc  MYT.O :
    * URBAN TEA, INC. ANNOUNCES PRICING OF $5.0 MILLION ORDINARY
SHARE
REGISTERED DIRECT OFFERING
    * URBAN TEA INC - ENTERED SECURITIES PURCHASE AGREEMENT TO
SELL
ABOUT $5.0 MILLION OF ITS ORDINARY SHARES IN A REGISTERED DIRECT
OFFERING
    * URBAN TEA INC - AGREED TO SELL 9.0 MILLION ORDINARY SHARES
AT A
PRICE OF $0.555 PER SHARE

Source text for Eikon:  ID:nPn12yjWTa 
Further company coverage:  MYT.O 

 ((Reuters.Briefs@thomsonreuters.com;))