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Benzinga
Benzinga
Business
Akanksha Bakshi

Sino-Global Changes Name To Singularity Future Technology

  • Sino-Global Shipping America, Ltd. (NASDAQ:SINO) has changed its name to Singularity Future Technology Ltd. The company's shares are expected to begin trading on NASDAQ under the new ticker symbol "SGLY" starting January 7, 2022.
  • The company has entered into a Warrant Purchase Agreement with certain accredited investors and has agreed to buy back ~3.87 million warrants.
  • The purchase price for each Warrant is $2.00, and the terms of each Warrant Purchase Agreement are substantially identical.
  • Price Action: SINO shares traded higher by 2.31% at $4.22 on the last check Thursday.
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