Brief: Color Star Technology Announces Pricing Of Approximately $1.43 Million Registered Direct Offering

Zeta Network

11/05/2020 19:43

May 11 (Reuters) - Color Star Technology Co Ltd  HHT.O :
    * COLOR STAR TECHNOLOGY ANNOUNCES PRICING OF APPROXIMATELY
$1.43
MILLION REGISTERED DIRECT OFFERING
    * COLOR STAR TECHNOLOGY CO LTD - AGREED TO SELL 2.6 MILLION
ORDINARY SHARES
    * COLOR STAR TECHNOLOGY CO LTD - IN CONCURRENT PRIVATE
PLACEMENT,
CO HAS AGREED TO ISSUE UNREGISTERED WARRANTS TO PURCHASE UP TO
2.6 MILLION ORDINARY SHARES
    * COLOR STAR TECHNOLOGY CO LTD - WARRANTS WILL BE
EXERCISABLE
IMMEDIATELY UPON DATE OF ISSUANCE AND HAVE AN EXERCISE PRICE OF
$0.55
    * COLOR STAR TECHNOLOGY CO LTD - PURCHASE PRICE FOR ONE
ORDINARY
SHARE AND A CORRESPONDING WARRANT WILL BE $0.55

Source text for Eikon:  urn:newsml:reuters.com:*:nPnc8WhBka
Further company coverage:  HHT.O 

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