Tian Ruixiang Files Secondary Stock Offering Statement

MT Newswires Live01-03

Tian Ruixiang Holdings (TIRX) filed a registration statement with the US Securities and Exchange Commission Thursday covering the potential resale of up to about 11.5 million class A ordinary shares of the company by certain shareholders.

The statement covers 5.4 million shares issued and up to 5.4 million shares issuable under certain subscription agreements, as well as 694,445 shares previously issued to Yuefu, Tian Ruixiang said.

The company said it is not selling any shares under the statement and will not receive any proceeds from any share offering by the selling shareholders.

Tian Ruixiang shares were up 1.7% in after-hours activity.

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