Basket technology completed 8 million US dollars shelves additional issuance

Recently, LKCo.us, a US listed company, announced that the company has completed a $ 8 million shelves (RDO).

On July 28, 2022, the company completed the issuance of (i) 26,666,667 ordinary shares and (ii) equity certificate issuance, and the consolidated purchase price was $ 0.30.Before deducting the agency expenses and other estimated issuance expenses, the total income of this distribution was about $ 8 million.The exercise price of the equity certificate is $ 0.41 per share, which expires five years from the date of issuance.

The net income issued this time will be used for operating funds and general company purposes.

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