Fangdd announces pricing of us$5.0 million registered direct offering

Shenzhen, china, oct. 04, 2024 (globe newswire) -- fangdd network group ltd. (nasdaq: duo) (“fangdd” or the “company”), a customer-oriented property technology company in china, today announced that it has entered into a securities purchase agreement with certain investors (the “purchase agreement”) for the issuance and sale by the company of up to 3,125,000 class a ordinary shares (or pre-funded warrants in lieu thereof), at a price of us$1.60 per share (or us$1.5994375 per pre-funded warrant), in a registered direct offering.
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