Airnet completes private placement of us$5.7 million

Beijing, april 18, 2024 /prnewswire/ -- airnet technology inc., formerly known as airmedia group inc. ("airnet" or the "company") (nasdaq: ante), today announced that it completed a private placement of 3,372,788 ordinary shares of the company with par value of us$0.04 per share (each a "share") for an aggregate subscription amount of us$5.7 million with certain investors. the shares have not been registered under the securities act of 1933, as amended, or under the securities laws of any state.
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