HTFL’s Client Greenland Technologies Holding Corporation Successfully Closed its Registered Direct and Private Placement Offerings of $10 Million
2022-07-27
Greenland Technologies Holding Corporation ("GTEC" or the "Company") (Nasdaq: GTEC), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced the closing of its registered direct offering and concurrent private placement with a single institutional investor. The Company issued 1,250,000 ordinary shares and pre-funded warrants to purchase up to 398,974 ordinary shares at a purchase price of $4.17 per share in a registered direct offering.