Color Star Technology Co. Ltd., Now Zeta Network Group, Announces New Securities Purchase Agreement with Multiple Purchasers
Reuters
Aug 19
Color Star Technology Co. Ltd., Now Zeta Network Group, Announces New Securities Purchase Agreement with Multiple Purchasers
Color Star Technology Co. Ltd., now known as Zeta Network Group, has announced a new Securities Purchase Agreement. Under the agreement, the company plans to issue and sell securities to several purchasers, as detailed in the agreement. The transaction is set to proceed under certain conditions, including the requirement that trading in the company's ordinary shares not be suspended. The agreement also outlines that there have been no material adverse effects or significant undisclosed liabilities since the company's latest audited financial statements. The company has not altered its accounting methods or issued equity securities to officers, directors, or affiliates except through existing share option plans. This announcement marks a significant step for Zeta Network Group in its strategic financial arrangements.
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