Color Star Technology plunges 46% on $10M in stock and warrants offering

seekingalpha2022-02-22

Color Star Technology (NASDAQ:CSCW) slumps 45.7% down in premarket after entering into a securities purchase agreement with certain institutional investors for a registered direct offering of shares ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

MoonSwingr21
2022-02-23
MoonSwingr21
Can anyone explain what this means please!?

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2213295576?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-02-22 22:10","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2213295576","market":"us","top_or_hot":-1,"title":"Color Star Technology plunges 46% on $10M in stock and warrants offering","media":"seekingalpha","content":"<div>\n<p>Color Star Technology (NASDAQ:CSCW) slumps 45.7% down in premarket after entering into a securities purchase agreement with certain institutional investors for a registered direct offering of shares ...</p>\n\n<a href=\"https://seekingalpha.com/news/3802471-color-star-technology-plunges-46-on-10m-in-stock-and-warrants-offering\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Color Star Technology plunges 46% on $10M in stock and warrants offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nColor Star Technology plunges 46% on $10M in stock and warrants offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-22 22:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3802471-color-star-technology-plunges-46-on-10m-in-stock-and-warrants-offering><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Color Star Technology (NASDAQ:CSCW) slumps 45.7% down in premarket after entering into a securities purchase agreement with certain institutional investors for a registered direct offering of shares ...</p>\n\n<a href=\"https://seekingalpha.com/news/3802471-color-star-technology-plunges-46-on-10m-in-stock-and-warrants-offering\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4023","symbol_name":"应用软件","start_time":0,"source_url":"https://seekingalpha.com/news/3802471-color-star-technology-plunges-46-on-10m-in-stock-and-warrants-offering","article_id":"2213295576","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2213295576","pubTimestamp":1645539029,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Color Star Technology (NASDAQ:CSCW) slumps 45.7% down in premarket after entering into a securities ","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4023":"应用软件"},"translate_title":"彩星科技在1000万美元的股票和认股权证发行中暴跌46%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CSCW":1},"content_text":"Color Star Technology (NASDAQ:CSCW) slumps 45.7% down in premarket after entering into a securities purchase agreement with certain institutional investors for a registered direct offering of shares and warrants.  Each unit consists of one share and one warrant; purchase price per unit and per warrant is $0.40. Gross proceeds are likely to be ~$10M through the issuance of 25M shares and warrants. Net proceeds will be used for general corporate and working capital purposes. The completion of the placement is expected to occur on or about Feb.24, 2022. In early January, Color Star Technology raised capital through a 16M private placement of shares to its largest shareholder, Hou Sing International Business.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9030067860,"gmtCreate":1645581858964,"gmtModify":1676534042554,"author":{"id":"3575345156428347","authorId":"3575345156428347","name":"MoonSwingr21","avatar":"https://static.tigerbbs.com/437a46f0840ffa4470a17ecbfaf1b72c","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3575345156428347","idStr":"3575345156428347"},"htmlText":"Can anyone explain what this means please!?","listText":"Can anyone explain what this means please!?","text":"Can anyone explain what this means please!?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030067860","repostId":2213295576,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2213295576"}