04:51 AM EDT, 07/18/2024 (MT Newswires) -- Ispire Technology ( ISPR ) said late Wednesday it filed a shelf registration statement for the potential sale of up to $120 million of securities from time to time.

The filing covers the potential sale of common stock, preferred stock, purchase contracts, warrants, subscription rights, depositary shares, debt securities and units.

The company said it intends to use the net proceeds from the proposed offering primarily for general corporate purposes, including working capital and investing or acquiring companies.

Shares of Ispire Technology ( ISPR ) fell more than 5% in after-hours activity on Wednesday.

Price: 6.99, Change: -0.39, Percent Change: -5.28