Ehgo announces major equity financing, with up to $20 million to facilitate its entry into tencent's business ecosystem

Shanghai , dec. 20, 2024 /prnewswire/ -- eshallgo inc ("eshallgo" or the "company") (nasdaqcm: ehgo), one of the leading chinese office integrator, agent, and service provider, and the investment fund cs asia opportunities master fund (hereinafter referred to as "cs fund") jointly announced a landmark equity investment. according to the securities purchase agreement between the two parties, cs fund will become one of the shareholders of ehgo by injecting up to $20 million in equity investment in tranches, demonstrating cs fund's confidence and high recognition in ehgo's future development prospects.
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