Elong Power Holding Prices ~$1.38M Offering Of 11.467M Units At $0.12 Per Unit
Elong Power Holding Limited (Nasdaq: ELPW) ("Elong Power" or the "Company"), a comprehensive provider dedicated to the R&D, sales and scenario-oriented system solutions of lithium-ion battery energy
Elong Power is selling new ownership pieces (called units) to raise about $1.38 million for the company. When a company does this, it means they need cash right now, so watch whether they use it wisely or if the price of their stock gets watered down.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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