Brief: China Jo-Jo Drugstores Announces $10 Mln Registered Direct Offering

Ridgetech

01/06/2020 14:29

June 1 (Reuters) - China Jo-Jo Drugstores Inc  CJJD.O :
    * CHINA JO-JO DRUGSTORES ANNOUNCES $10 MILLION REGISTERED
DIRECT
OFFERING
    * CHINA JO-JO DRUGSTORES INC -  TO ISSUE 5 MILLION SHARES AT
$2.00
PER SHARE, THROUGH INSTITUTIONAL INVESTORS
    * CHINA JO-JO DRUGSTORES INC - TO ISSUE TO INVESTORS
UNREGISTERED
WARRANTS TO PURCHASE UP TO 3.8 MILLION SHARES OF COMMON STOCK

Source text for Eikon:  ID:nPnb9rkhja 
Further company coverage:  CJJD.O 

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