Haoxi Health Technology Limited Completes $12 Million Securities Offering

BEIJING, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Leading online marketing solutions company Haoxi Health Technology Limited, based in Beijing, China, has successfully concluded an underwritten follow-on public offering. The offering comprised the sale of 4,000,000 units, which has bolstered the company's financial position by an additional $12 million in capital. The significance of this event is marked by the company's strategic plans for expansion and continued investment in their technology platform.

Details of the Offering

The recently completed offering represented a considerable achievement for Haoxi Health Technology Limited, which operates under the stock ticker HAO. Following the announcement, the company has seen increased interest from investors, analysts, and the market at large. Each unit offered in this follow-on consisted of a bundle of the company's securities - an approach often utilized to attract a broader range of investors and to offer a more diverse investment option.

Impact on Financial Health and Future Prospects

With the closing of the $12 million underwritten follow-on public offering, Haoxi Health Technology Limited is now in a much stronger financial position. The infusion of fresh capital is expected to support the company's long-term goals, including scaling their operations and enhancing their service offerings. The company's commitment to innovation in online marketing solutions positions it well within the competitive tech landscape of China.

Beijing, Technology, Offering