Noco-noco Enters Into A Standby Equity Line Of Credit With Arena Investors, Effective On August 29, 2024; The Company Will Have The Right, But Not The Obligation, To Issue And Sell To Arena Up To $150M In Shares Of The Company's Common Stock
Noco-noco Enters Into A Standby Equity Line Of Credit With Arena Investors, Effective On August 29, 2024; The Company Will Have The Right, But Not The Obligation, To Issue And Sell To Arena Up To $150M In Shares Of The Company's Common Stock
noco-noco Inc Announces Significant New Financing
noco-noco公司宣佈重要的新融資
- Committed Equity Facility Up to $150 million -
- 承諾的股權貸款額度高達15000萬美元 -
- Significantly Strengthens Financial Flexibility and Advances Progress Toward Start of X-SEPATM Production -
- 顯著增強了財務靈活性，並推進了X-SEPATm生產的進展 -
- F-1/A Registration Statement Effective on August 19, 2024 -
- F-1/A註冊聲明於2024年8月19日生效 -
September 13, 2024- noco-noco Inc ("noco-noco" or the "Company") (NASDAQ:NCNC), today announced that it has entered into a standby equity line of credit ("ELOC") with Arena Investors LP ("Arena") which become effective on August 29, 2024. Under the terms of the ELOC, the company will have the right, but not the obligation, to issue and sell to Arena up to $150 million in shares of the Company's common stock. Its post effective amendment on the Registration Statement on Form F-1/A dated August 16, 2024, has been declared effective by the U.S. Securities and Exchange Commission on August 19, 2024. The ELOC will significantly improve the company's financial flexibility, strengthen its shareholder equity and accelerate its progress toward commercialisation of X-SEPATM.
2024年9月13日- noco-noco公司（「noco-noco」或「公司」）（NASDAQ: NCNC）今天宣佈，它已與Arena Investors LP（「Arena」）簽訂了備用股本授信額度（「ELOC」），自2024年8月29日起生效。根據ELOC的條款，該公司有權但無義務向Arena發行並銷售公司普通股最多15000萬美元。其在2024年8月16日的F-1/A表格上的有效修訂已於2024年8月19日獲得美國證券交易委員會的批准。 ELOC將顯著改善公司的財務靈活性，增強股東權益，並加速X-SEPATm的商業化進程。
譯文內容由第三人軟體翻譯。
