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Senmiao Technology Announces Closing of $6 5 Million Registered Direct Offering

Share this article CHENGDU, China, May 13, 2021 /PRNewswire/   Senmiao Technology Limited ( Senmiao or the Company ) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that it has closed a registered direct offering with certain institutional investors (the Investors ) of 5,531,916 of its shares of common stock at a price of $1.175 per share (at-the-market under the Nasdaq rules) for aggregate gross proceeds of approximately $6.5 million. In addition, the Company issued warrants to the Investors to purchase a total of 5,531,916 shares of common stock at a purchase price of $1.05 per share. The warrants have a term of five years and are exercisable at any time on or after the issue date.

Senmiao Technology Announces $6 5 Million Registered Direct Offering

Share this article CHENGDU, China, May 11, 2021 /PRNewswire/   Senmiao Technology Limited ( Senmiao ) (Nasdaq: AIHS), a financing and servicing company focused on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct offering of approximately $6.5 million of its common stock, priced at-the-market under the Nasdaq rules at a price of $1.175 per share. In addition, the Company will issue certain warrants to the investors in this offering to purchase a total of 5,531,916 shares of common stock at a purchase price of $1.05 per share. The warrants have a term of five years and are exercisable immediately from the issue date.

Blue Hat Interactive Entertainment Technology Announces the Closing of a Registered Direct Offering of $5 66 Million

Share this article Share this article XIAMEN, China, May 10, 2021 /PRNewswire/  Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality interactive entertainment games, toys and educational materials in China, today announced that it has closed a registered direct offering with two institutional investors, for the purchase and sale of 6,290,000 of its ordinary shares at a price of $0.90 per share, resulting in total gross proceeds of approximately $5.66 million, before deducting the placement agent s fees and other estimated offering expenses. The Company also issued to the investors unregistered warrants to purchase up to 4,088,500 ordinary shares in a concurrent private placement. The warrants have an exercise price of $1.12 per share, will be exercisable immediately and will expire three years following the date of issuance. The Company has 53,417,200 ordinary shares outstanding after the closing.

Blue Hat Interactive Entertainment Technology Announces $5 66 Million Registered Direct Offering

Share this article Share this article XIAMEN, China, May 6, 2021 /PRNewswire/  Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality interactive entertainment games, toys and educational materials in China, today announced that it has entered into a securities purchase agreement with two institutional investors, providing for the purchase and sale of 6,290,000 of its ordinary shares at a price of $0.90 per share in a registered direct offering, resulting in total gross proceeds of $5,661,000, before deducting the placement agent s fees and other estimated offering expenses. The Company also agreed to issue to the investors unregistered warrants to purchase up to 4,088,500 ordinary shares in a concurrent private placement. The warrants have an exercise price of $1.12 per share, will be exercisable immediately and will expire three years following the date of issuance.

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