Meten Holding Group Ltd. (the “Company”), an omnichannel English language training service provider in China, today announced the closing of its registered direct offering (“Offering”) of 33,333,334 ordinary shares, par value $0.0001 per share, at a purchase price of US0.60 per ordinary share to certain buyers. The Company received aggregate gross proceeds of US$20 million from this Offering, before deducting placement agent fees and other related expenses.
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FAT (Fresh. Authentic. Tasty) Brands Inc. (Nasdaq: FAT, FATBB, FATBP, FATBW) (“FAT Brands”), a leading global franchising company that strategically acquires, markets and develops fast casual, casual and polished casual dining restaurant concepts around the world, on November 1, 2021, closed a public offering of 1,000,000 shares of its 8.25% Series B Cumulative Preferred Stock at a public offering price of $ 18.00 per share, for gross proceeds of $18 million, before deducting underwriting discounts, commissions and offering expenses.