Fangdd announces us$697,600 registered direct offering of american depositary shares

Shenzhen, china, dec. 07, 2022 (globe newswire) -- fangdd network group ltd. (nasdaq: duo) (“fangdd” or the “company”), a leading 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 1,000,000 american depositary shares (“adss”), each representing 375 class a ordinary shares of the company, at a price of us$0.6976 per ads, in a registered direct offering.
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