Haoxi Health Technology (HAO) agreed to sell 10 million Class A shares or prefunded warrants to a group of investors in a registered direct offering to raise $4 million.
The shares are priced at $0.40 each, and the sale is set to close around Monday, the company said Friday in a statement.
Price: $0.49, Change: $-0.58, Percent Change: -54.11%