The company notes that the Cornerstone Placement enhances th...
The company notes that the Cornerstone Placement enhances the company's image and shows strong investor confidence in its business and prospects. 80% of the net proceeds from the sale will be used to expand network coverage, 5% to increase operational capacity, 7% to enhance R&D capabilities, and the remaining 8% will be used for working capital and other company general purposes.
![](https://pubimg-10000538.picsh.myqcloud.com/202205090000031800b92ddff85.jpg)
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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