ChowChow Cloud Receives Full USD 500,000 Payment for Private Placement
Bitget2026/10/27 21:09- ChowChow Cloud received the outstanding private placement payment on October 26, 2026, bringing total proceeds received to USD 500,000.
- The placement will issue 86,207 Class A Ordinary Shares at USD 5.80 per share upon closing.
- Those terms reflect a 1-for-10 reverse share split and redesignation effective October 23, 2026.
- As of October 27, 2026, the transaction remained unclosed, with no Class A Ordinary Shares issued under the agreement.
- Closing is expected during the week ending October 30, 2026, subject to satisfaction or waiver of remaining customary closing conditions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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