Mercurity Fintech Holding rises on $8 mln private investment
15/01/2025 18:10
** Shares of Mercurity Fintech Holding MFH.O rise 25.8% to
$7.03
** MFH raises $8 mln in a private placement
** Says institutional investor purchased about 1.37 mln
shares of MFH at $5.87 per share
** MFH says it intends to use this funding to develop its
business in AI hardware intelligent manufacturing and advanced
liquid cooling solutions
** MFH gained ~172% in 2024
(Reporting by Kamal Choudhury in Bengaluru)
((Kamal.Choudhury@thomsonreuters.com;))