ANTELOPE ENTERPRISE (AEHL) Closes $6.0 Million Convertible Note Offering
The Chinese livestreaming e-commerce group issued an 8.00% convertible note to one accredited investor, convertible at 80% of the lowest three-day VWAP.
Antelope Enterprise Holdings (AEHL) said it has closed a previously announced offering of 8.00% convertible promissory notes with an aggregate principal amount of $6.0 million, sold to a single accredited investor. The Nasdaq-listed company, which provides livestreaming e-commerce services and business management and information systems consulting in China, received net proceeds of roughly $5.965 million after estimated offering expenses.
