TipRanks - 2024-12-12 09:09
Fangdd Network Group ( (DUO) ) just unveiled an announcement. Fangdd Network Group Ltd. has entered into an agreement with MM Global Securities, Inc. to act as its exclusive placement agent for the distribution of its securities. The agreement outlines MM Global’s role in soliciting offers and placing securities on a ‘best efforts’ basis, with the company retaining the right to accept or reject offers. This move is aimed at raising capital through a proposed offering of securities, with MM Globa