Antelope Enterprise Holdings Ltd. Closes Private Placement
Ticker: AEHL · Form: 6-K · Filed: Oct 4, 2024 · CIK: 1470683
Sentiment: neutral
Topics: private-placement, capital-raise, financing
TL;DR
Antelope Enterprise Holdings Ltd. raised ~$465K via private placement on Sept 24, 2024.
AI Summary
On September 24, 2024, Antelope Enterprise Holdings Ltd. completed a private placement, selling an aggregate of 2,323,000 ordinary shares at $0.20 per share to three investors. This transaction raised approximately $464,600 for the company. The company's principal executive office is located in Chengdu, Sichuan Province, PRC.
Why It Matters
This private placement provides Antelope Enterprise Holdings Ltd. with new capital, which could be used for operational expansion or other strategic initiatives.
Risk Assessment
Risk Level: medium — The company is raising capital through a private placement, which can indicate a need for funds and potentially dilute existing shareholders.
Key Numbers
- $464,600 — Capital Raised (Proceeds from the private placement transaction.)
- 2,323,000 — Shares Sold (Number of ordinary shares sold in the private placement.)
- $0.20 — Price Per Share (The price at which shares were sold in the private placement.)
Key Players & Entities
- Antelope Enterprise Holdings Ltd. (company) — Registrant
- September 24, 2024 (date) — Closing date of private placement
- 2,323,000 (dollar_amount) — Number of ordinary shares sold
- $0.20 (dollar_amount) — Price per share
- $464,600 (dollar_amount) — Total proceeds from private placement
- China Ceramics Co., Ltd (company) — Former company name
FAQ
What was the total amount raised in the private placement?
The company raised approximately $464,600 from the private placement.
When did the private placement close?
The private placement closed on September 24, 2024.
How many shares were sold in the private placement?
A total of 2,323,000 ordinary shares were sold.
What was the price per share for the private placement?
The shares were sold at $0.20 per share.
How many investors participated in the private placement?
Three investors purchased shares in the private placement.
Filing Stats: 287 words · 1 min read · ~1 pages · Grade level 12.2 · Accepted 2024-10-04 09:00:26
Key Financial Figures
- $1,650,000 — share for an aggregate consideration of $1,650,000. Under the Agreement, the Company does
Filing Documents
- form6-k.htm (6-K) — 17KB
- ex99-1.htm (EX-99.1) — 255KB
- 0001493152-24-039477.txt ( ) — 273KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: October 3, 2024 ANTELOPE ENTERPRISE HOLDINGS LTD. By: /s/ Hen Man Edmund Hen Man Edmund Chief Financial Officer