Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Shivani Kumaresan

Happiness Development Raises $6.7M Via Equity Offering

United States
  • Happiness Development Group Ltd (NASDAQ:HAPP) has entered into a securities purchase agreement with certain non-U.S. strategic investors for a registered direct placement of about $6.7 million.
  • Under the agreement, the company will sell 19.2 million Class A ordinary shares at a per-share purchase price of $0.35.
  • Also Read: Happiness Development Enters Cannabis Space By Taking 10% Stake In Kannaba Agritech
  • The company intends to use the gross proceeds in developing its auto business under the brand of "Taochejun" as well as for working capital and general corporate purposes.
  • Price Action: HAPP shares are trading lower by 14.9% at $0.31 on the last check Friday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
What happened to influencer Clavicular at Arizona State University fashion show that led to framemogging trend
“Clavicular Framemogging” is a viral internet slang phrase that began after influencer Clavicular appeared at an Arizona State University fashion show. A video showing him beside a larger fraternity member led users to joke that he was “framemogged.” The strange sounding phrase quickly turned into memes, proving how fast online…
The Times of India
The Times of India
Boofing: why taking illicit drugs rectally is so risky
The route a drug takes into the body can matter as much as the drug itself – and rectal use brings risks that are rarely talked about openly.
The Conversation
The Conversation
Whose Penny? Kaley Cuoco's fiancé Tom Pelphrey was clueless about The Big Bang Theory
Kaley Cuoco's fiancé Tom Pelphrey had never watched her hit sitcom The Big Bang Theory when he first met her, and he still hasn't tuned in to the nerd culture celebrating comedy series.
BANG Premier
BANG Premier
I Collected 250 Anonymous Confessions About Love — Here’s What I Learned
What 1,500 strangers revealed about love behind closed doors.
Marie Claire
Marie Claire
3 Big Mistakes I’ve Made At Universal Studios' Mardi Gras I Won’t Ever Make Again
Mistakes were made though.
Cinemablend
Cinemablend
Why Black Animals Are Still Waiting For Homes Despite Being Perfect Companions
Walk into almost any animal shelter in the world, and a quiet pattern reveals itself. Lighter colored pets leave first. The black ones stay behind. Days turn into weeks, weeks into months. This is not a coincidence. Across countries, cultures, and shelter systems, black animals are adopted less frequently and…
Times Pets
Times Pets
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play