Dogness International (DOGZ) said Monday it agreed to acquire a 19.5% stake in petcare Internet of Things platform Dogness Intelligent Technology.
The company said it will acquire the stake from a Dogness Intelligent Technology shareholder in exchange for the company's 250,000 class A common shares, about 1.6 million pre-funded warrants to buy shares and up to 2 million maximum eligibility warrants to purchase shares.
Price: 17.80, Change: -0.40, Percent Change: -2.19
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.