InvestmentJun 9, 2026, 08:36 AM
BGM Group Closes $12M Private Placement of Shares and Warrants
AI Summary
BGM Group Ltd. announced the closing of its previously disclosed private placement on June 8, 2026. The company issued 200,000,000 Class A ordinary shares and warrants to purchase an equal number of Class A ordinary shares. This transaction resulted in gross proceeds of $12,000,000 for the company.
Key Highlights
- Private Placement closed on June 8, 2026.
- Issued 200,000,000 Class A ordinary shares.
- Issued warrants to purchase up to 200,000,000 Class A ordinary shares.
- Subscription price was $0.06 per Class A Ordinary Share.
- Generated gross proceeds of $12,000,000.
Price Impact
More from BGM