Td holdings, inc. announces $45.5 million private placement

Shenzhen, china, nov. 11, 2021 /prnewswire/ -- td holdings, inc. (nasdaq: glg) (the "company"), a commodities trading service provider in china, today announced that it has entered into a securities purchase agreement (the "spa") with two of its affiliates and certain accredited investors for a private placement of approximately $45.5 million of its restricted common stock. pursuant to the securities purchase agreement dated november 5, 2021, the company has agreed to sell up to 65,000,000 shares of its restricted common stock, par value $0.001 per share at a purchase price of $0.70 per share.
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