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AIFU Enters Agreement to Issue 45M Shares
AIFU announced that it has entered into a definitive share purchase agreement with certain investors, pursuant to which the investors have agreed to subscribe for, and the company has agreed to issue and sell to the investors, (i) an aggregate of 45M Class A ordinary shares at a price of $3.00 per share, and (ii) a warrant to purchase up to 90M additional Class A ordinary shares of the company. 50% of the warrant will be exercisable at 200% of the Per Share Purchase Price, with the remaining 50% exercisable at 250%. The transaction is expected to generate approximately $135.0M in gross proceeds from the share issuance.
FANHUA INC. Trading Halted Due to Volatility
FANHUA INC. trading halted, volatility trading pause
FANHUA INC. Trading Resumes
FANHUA INC. trading resumes
FANHUA INC. Trading Halted Due to Volatility
FANHUA INC. trading halted, volatility trading pause
FANHUA INC. Trading Halted Due to Volatility
FANHUA INC. trading halted, volatility trading pause
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