Datasea announces pricing of $2.25M registered direct offering (NASDAQ:DTSS)

  • Datasea (NASDAQ:DTSS) on Tuesday said it has entered into a share purchase agreement with a certain institutional investor to purchase 692,308 shares of its common stock at an offering price of $3.25 per share of common stock in a registered direct offering.
  • DTSS -27.93% premarket to $3.56.
  • The offering is expected to close on or about July 3.
  • Datasea intends to use the net proceeds from the offering for research and development, market development and for general corporate purposes.
  • Source: Press Release