NetworkNewsBreaks – Color Star Technology Co. Ltd. (NASDAQ: HHT) Announces Pricing of $6.6M Registered Direct Offering
Color Star Technology (NASDAQ: HHT), a company engaged in the businesses of providing education services, today announced its entry into a securities purchase agreement on September 15, 2020, with certain accredited investors to purchase $6.6 million worth of its ordinary shares in a registered direct offering and warrants to purchase ordinary shares in a concurrent private placement. Under the agreement, the company has agreed to sell 13.2 million ordinary shares and, in a concurrent private placement, to issue unregistered warrants to purchase up to 11.88 million ordinary shares. The warrants have an exercise price of $0.55 and will be exercisable…







