Swvl Holdings Announces $1.5M Private Placement Of Shares To Sofico Holdings At $1.46 Per Share
The Purchaser has agreed to lock up the securities purchased in the Offering for a period of 6 months, and also agreed to transfer less than 20% of the securities purchased in the Offering for each 90-day period
A company called Swvl is selling $1.5 million worth of ownership pieces to another group at $1.46 each. This means new money is coming in, but the buyer promised to hold onto most of the shares for a while before selling them.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.