Maase Pipe Financing Priced At $12.89 Per Share
MAAS•Maase announces $50 million PIPE financing
Sept. 23 (Reuters) - Maase Inc. MAAS.O:
- Maase Inc. announces $50 million PIPE financing to accelerate deployment of Star distributed intelligent computing centers and commercialization of Lingyanmiaoyu large language model
- PIPE financing priced at $12.89 per share
- PIPE financing shares subject to 36-month lock-up
- Maase announces securities purchase agreement with investor
- Maase to issue 3,878,856 Class A shares in the $50 million PIPE financing
