Baosheng Media Files Prospectus For Resale Of Up To 25M Ordinary Shares By Selling Shareholders
https://www.sec.gov/Archives/edgar/data/1811216/000110465926106354/tm2624270d1_f3.htm
Some people who already own Baosheng Media stock want to sell up to 25 million shares they have. When lots of existing owners sell their shares, it can mean they think the price is good right now, or it might add more shares available for everyone to buy.
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