MGO Global rises 1%, closes $6M stock offering
Hawkinsight
2024-12-25 14:44:07
1.11W
MGO Global (NASDAQ:MGOL) closed its previously announced public offering of ~6.32M units at a public offering price of $0.95 per unit.Each unit consisted of one share of common stock and one common warrant to purchase one share.Gross proceeds were ~$6M.The company intends to use the net proceeds for general corporate and working capital purposes.The stock price increased 1.10% on Tuesday during after hours of trading.
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