CCH Holdings closes US$1.15 million note deal with share purchase warrants
Reuters2026/07/31 20:31- CCH Holdings announced an initial closing of a convertible promissory note offering with accompanying warrants, raising gross proceeds of USD 1.15 million.
- Warrants allow purchases of Class A shares equal to USD 500,000 divided by the prior day’s VWAP, priced at 150% of the note’s initial fixed conversion price.
- A registration rights agreement requires filing a resale registration statement within 15 business days covering shares from note conversions and warrant exercises.
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