Brief: Urban Tea Inc Announces Pricing Of Approximately $4.6 Million Registered Direct Offering

Bit Brother

24/05/2019 14:15

May 24 (Reuters) - Urban Tea Inc  MYT.O :
    * URBAN TEA, INC. ANNOUNCES PRICING OF APPROXIMATELY $4.6
MILLION
REGISTERED DIRECT OFFERING
    * URBAN TEA INC - PURCHASE PRICE FOR ONE ORDINARY SHARE AND
A
CORRESPONDING WARRANT WILL BE $1.62.
    * URBAN TEA INC - WARRANTS WILL BE EXERCISABLE IMMEDIATELY
FOLLOWING DATE OF ISSUANCE FOR A PERIOD OF FIVE YEARS AT AN
EXERCISE PRICE OF $1.86 PER SHARE

Source text for Eikon:  ID:nPn6bFfp4a 
Further company coverage:  MYT.O 

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