05:48 PM EDT, 08/20/2024 (MT Newswires) -- Color Star Technology ( ADD ) filed a shelf registration statement with the US Securities and Exchange Commission Tuesday covering the potential sale of up to $100 million of securities from time to time in one or more offerings.

The statement covers class A ordinary shares, debt securities, warrants, rights and units.

The company said it plans to use the net proceeds from the sale of the securities to fund the development and commercialization of its projects, among other things.

Color Star ( ADD ) shares were down 9.1% in after-hours activity.

Price: 0.7000, Change: -0.07, Percent Change: -9.09