Antelope enterprise announces closing of $1.3 million registered direct offering and private placement

Chengdu, china , feb. 26, 2024 /prnewswire/ -- antelope enterprise holdings limited (nasdaq capital market: aehl) ("antelope enterprise" or the "company"), which operates kylin cloud, a livestreaming ecommerce business in china with access to 800,000+ anchors and influencers, announced today that it has closed an offering of $1.3 million of its class a ordinary shares, no par value each (the "ordinary shares") in a registered direct offering and a concurrent private placement of warrants to purchase ordinary shares (jointly, the "offering"). the company entered into a securities purchase agreement with two non-u.s. investors on february 23, 2024 for this offering for which the purchase price is $1.00.
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