Makes the Verb deal with 3i, a grand slam, eh?
Post# of 32640
Color Star Technology Co., Ltd. (NASDAQ: CSCW) Announces Private Placement with a Major Shareholder - January 21, 2022
NEW YORK, Jan. 21, 2022 /PRNewswire/ -- Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as "Color Star" or the "Company" , an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence (AI) in the entertainment industry, today announced a private placement of 16 million shares at $1 per share, valued at $16 million , to its largest shareholder, Hou Sing International Business, Ltd. (hereinafter referred to as "HSIB" .
https://finance.yahoo.com/news/color-star-tec...00999.html
But wait, there is more...
Just a month later. Today in fact...
Color Star Technology Co., Ltd. Announces Entry into Agreement for Registered Direct Placement of Approximately $10 Million Ordinary Shares and Warrants - Tue, February 22, 2022,
" Each unit consists of one ordinary share and one warrant to purchase one ordinary share. The purchase price per unit is $0.40 . The gross proceeds from the sale of the securities, before deducting placement agent fees and other estimated offering expenses payable by the Company, will be approximately $10.0 million."
https://finance.yahoo.com/news/color-star-tec...00986.html
CSCW: 0.2478 -0.2680 ( -51.9581% ) = Ouchie
If you look at the iLie CSCW board there has only been 3 posts this year. Those assclowns and pumpers have been so busy with Verb, they missed a 50% short gain today and a 4x short bagger if they sold 6 months ago.
Oh and isn't anyone 'concern' CSCW is going to get delisted?