BEIJING, April 18, 2023 /PRNewswire/ -- Glory Star New Media Group Holdings Limited, ("Glory Star", the "Company" or "we") (NASDAQ:GSMG), a leading digital media platform and content-driven e-commerce company in China, today announced that it has entered into a Share Subscription Agreement with two institutional investors (the "Investors"), for the issuance of 24,193,548 ordinary shares in aggregate, at a purchase price of $2.48 per share. The gross proceeds will be $60,000,000.
Read more at prnewswire.comGlory Star Announces Signing of $60 Million Strategic Investment with Two Institutional Investors at $2.48 per Share
PR Newswire - Press Release
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