Color Star Technology Co., Ltd. announced that it has entered into a certain securities purchase agreement with returning investor, Vast Ocean Inc., pursuant to which the company agreed to sell 2,000,000 Class A ordinary shares par value of $0.04 per share, at a per share purchase price of $0.25 for the aggregate gross proceeds of $500,000, before deducting any fees or expenses on November 20, 2023. The issuance of the Shares is in reliance on exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.
Color Star Technology Co., Ltd.
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- Color Star Technology Co., Ltd. announced that it expects to receive $0.5 million in funding from Vast Ocean Inc.