Mercurity fintech holding inc. announces us$10 million private placement

Beijing, april 13, 2021 /prnewswire/ – mercurity fintech holding inc. ("mfh" or the "company") (nasdaq: mfh), today announced that three investors, namely kaiyu chen, baibang technology co., ltd. and le chai wow group holding ltd, have agreed to purchase a total of 537,143,470 ordinary shares of the company ("ordinary shares") and warrants to purchase up to 537,143,470 ordinary shares (the "warrants") for an aggregate consideration of us$10,000,000, to be settled in the form of 172.9354 bitcoins.
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