Antelope enterprise announces $1.0 million follow-on private placement

Jinjiang, china , jan. 17, 2023 /prnewswire/ -- antelope enterprise holdings limited (nasdaq capital market: aehl) ("antelope enterprise" or the "company"), which operates kylincloud, a leading social and livestreaming ecommerce platform with 200,000+ anchors and influencers, and a legacy ceramic tiles manufacturing business in china, today announced that it has conducted a follow-on private placement or pipe (private investment in public equity) financing announced on january 13 th, 2023, with an investment management firm based in new york. the pipe financing is for the sale of 1,234,568 ordinary shares at a price per share of $0.81, the closing price of its ordinary shares on the nasdaq capital market as of january 10, 2023.
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