MISSFRESH LIMITED

(MF)
  Report
Real-time Estimate Cboe BZX  -  12:20 2022-07-05 pm EDT
0.3030 USD   +9.62%
06:03aMISSFRESH : Announces the Substantial Completion of the Audit Committee-Led Independent Internal Review - Form 6-K
PU
07/01Missfresh Announces the Substantial Completion of the Audit Committee-Led Independent Internal Review
GL
07/01Missfresh Announces the Substantial Completion of the Audit Committee-Led Independent Internal Review
AQ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Missfresh Limited announced that it expects to receive $300 million in funding from Yorkville Advisors Global LP

03/04/2022 EDT

Missfresh Limited announced that it has entered into a Standby Equity Purchase Agreement with YA II PN, Ltd., a fund managed by Yorkville Advisors Global LP for gross proceeds of up to $300 million on March 4, 2022. The company will sell Class B ordinary shares in its sole discretion and at its request based on its funding requirement at any time during the 36 months following the date of the agreement, following the effectiveness of a registration statement with the Securities and Exchange Commission registering Class B ordinary shares issuable pursuant to the agreement and other customary closing conditions. Each issuance and sale of the Class B ordinary shares to the investor pursuant to the agreement is referred to as an Advance. The maximum amount for each advance should be the lower of (i) an amount equal to 100% of the average daily trading dollar value of the its Class B ordinary shares, represented by the American depositary shares of the company listed on the Nasdaq Global Market, for the five consecutive trading days immediately preceding the delivery of an advance notice by the company, or (ii) $10 million. For each Advance, the purchase price per share shall be 97% of the lowest daily volume weighted average price of the Class B ordinary shares of the company, represented by the ADSs, for the five consecutive trading days commencing the date of the company’s delivery of the advance notice. The closing of each Advance should take place as soon as practicable after the expiration of the applicable pricing period, subject to the procedures and conditions set forth in the agreement. The purchase would be subject to certain ownership limitations as provided under the agreement. The company may request from time to time from the investor a cash payment of up to $15 million to be repaid by share issuance or cash over a 15-week repayment period, subject to certain conditions set forth in the agreement. During the term of the agreement, neither the investor nor its affiliates will engage in any short sales respect of Class B ordinary shares.


© S&P Capital IQ 2022
All news about MISSFRESH LIMITED
06:03aMISSFRESH : Announces the Substantial Completion of the Audit Committee-Led Independent In..
PU
07/01Missfresh Announces the Substantial Completion of the Audit Committee-Led Independent I..
GL
07/01Missfresh Announces the Substantial Completion of the Audit Committee-Led Independent I..
AQ
06/06MISSFRESH : Announces Receipt of Minimum Bid Price Notice from Nasdaq - Form 6-K
PU
06/03Missfresh Announces Receipt of Minimum Bid Price Notice from Nasdaq
GL
06/03Missfresh Announces Receipt of Minimum Bid Price Notice from Nasdaq
GL
06/03Thinking about buying stock in CEL-SCI Corp, TG Therapeutics, Missfresh, Amarin Corp, o..
PR
06/02Top Premarket Gainers
MT
05/24MISSFRESH : Announces Receipt of Nasdaq Notification Regarding Late Filing of Form 20-F - ..
PU
05/24Missfresh Announces Receipt of Nasdaq Notification Regarding Late Filing of Form 20-F
GL
More news
Analyst Recommendations on MISSFRESH LIMITED
More recommendations
Financials
Sales 2021 7 849 M 1 171 M 1 171 M
Net income 2021 -3 846 M -574 M -574 M
Net cash 2021 960 M 143 M 143 M
P/E ratio 2021 -0,11x
Yield 2021 -
Capitalization 436 M 65,1 M 65,1 M
EV / Sales 2021 -0,07x
EV / Sales 2022 -0,07x
Nbr of Employees 1 335
Free-Float 12,1%
Chart MISSFRESH LIMITED
Duration : Period :
Missfresh Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Last Close Price 1,85 CNY
Average target price 40,44 CNY
Spread / Average Target 2 083%
EPS Revisions
Managers and Directors
Xu Zheng Chairman & Chief Executive Officer
Jun Wang Co-Chief Financial Officer & Director
Xi Chen Co-Chief Financial Officer
Han Song Zhu Independent Director
Shun Lam Tang Independent Director
Sector and Competitors
1st jan.Capi. (M$)
MISSFRESH LIMITED-94.48%65
ALIBABA GROUP HOLDING LIMITED-2.35%310 300
MEITUAN INC.-10.74%158 593
PINDUODUO INC.11.18%81 957
SHOPIFY INC.-77.20%39 621
MERCADOLIBRE, INC.-51.06%33 247