05:50 PM EDT, 06/06/2024 (MT Newswires) -- Jayud Global Logistics ( JYD ) filed a registration statement Thursday covering the potential sale of up to $100 million of securities from time to time.

The securities include class A ordinary shares, preferred shares, debt securities, warrants, rights and units.

The company expects to use proceeds for development and commercialization of its projects, growth of the business, working capital and general corporate purposes.

Shares of the company fell 4.3% in recent after-hours activity.

Price: 0.6080, Change: -0.03, Percent Change: -4.25