Antelope Enterprise Announces Closing of $1.3 Million Registered Direct Offering and Private Placement

News Snapshot:

CHENGDU, China, Feb. 26, 2024 /PRNewswire/ — Antelope Enterprise Holdings Limited (NASDAQ Capital Market: AEHL) (“Antelope Enterprise” or the “Company”), which operates Kylin Cloud, a livestreaming ecommerce business in China with access to 800,000+ anchors and influencers, announced today that it has closed an offering of $1.3 million of its Class A ordinary shares, no par value each (the “Ordinary Shares”) in a registered direct offering and a concurrent private placement of warrants to purchase Ordinary Shares (jointly, the “Offering”). The Company entered into a securities purchase agreement with two non-U.S. investors on February 23, 2024 for this Offering for...