GDS will raise $580 million by selling convertible notes due in seven years, with a conversion price that is just 16.7% above its recent trading levels.
Key Takeaways: GDS will raise $580 million by selling convertible notes due in seven years, with a conversion price that is just 16.7% above its recent trading levels The data center operator will use the money to fund its aggressive expansion in China and Southeast Asia By Doug Young
Key Takeaways: Weimob plans to raise 1.6 billion yuan by issuing new shares, and will used the funds on a series of growth initiatives aimed at jumpstarting its business Management expects the company to break even in the second half of this year, with revenue growing 20% to 30% for all of 2023 By Trevor Mo
Weimob plans to raise HK$1.6 billion by issuing new shares and will use the funds on a series of growth initiatives aimed at jumpstarting its business. Find out more here.