Chinese mapping tech firm Luokung makes $32.8 mln direct share offering - NewsBreak

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By Sain in Business
Updated 3 years ago

Sept 20 (Reuters) - Chinese mapping technology company Luokung Technology Corp said on Monday it will offer $32.8 million worth of shares in a direct offering. This is Luokung's first share offering to institutional investors since May when Nasdaq had withdrawn a decision to delist the company's shares, after a U.S. judge suspended an imminent investment ban imposed under the former Trump administration.

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