NYSE:MMA - MMA.INC Completes US$4.0 Million Private Placement at US$1.00 Per Share
MMA.INC completed a US$4.0 million private placement, issuing 4.0 million common shares at US$1.00 per share, which represents a roughly 160% premium to the prior close. The financing structure consists entirely of common equity with no warrants, options, or convertible securities issued, and no placement agent commissions payable.
Key figures
- Deal Value Usd
- 4000000
- Offering Price
- 1
- Shares Offered
- 4000000
- Premium percent
- 160
- Paying academies
- 389
- Prior close price
- 0.38
- Monthly active users
- 27651
- Registered student profiles
- 107694
- Annualized payments run rate
- 21000000
AI analysis
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