Brief: Datasea Enters Into Common Stock Purchase Agreement With Triton Funds

Datasea Intelligent Technology

23/10/2020 13:36

Oct 23 (Reuters) - Datasea Inc  DTSS.O :
    * DATASEA ENTERS INTO COMMON STOCK PURCHASE AGREEMENT WITH
TRITON
FUNDS
    * DATASEA INC - TRITON IS OBLIGATED TO PURCHASE UP TO $2.0
MILLION
OF CO'S COMMON STOCK FROM TIME-TO-TIME THROUGH DECEMBER 31, 2020
    * DATASEA - PURCHASE PRICE FOR TRITON WOULD BE 90% OF LOWEST
CLOSING PRICE OF DATASEA'S STOCK DURING FIVE BUSINESS DAYS PRIOR
TO CLOSING
    * DATASEA INC - TOTAL NUMBER OF SHARES TO BE PURCHASED BY
TRITON
UNDER AGREEMENT WILL NOT EXCEED 523,596 SHARES, OR 2.5% OF CO'S
OUTSTANDING SHARES

Source text for Eikon:  ID:nGNX8GX6Kh 
Further company coverage:  DTSS.O 

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