04:46 PM EDT, 09/13/2024 (MT Newswires) -- Paranovus Entertainment Technology ( PAVS ) filed a prospectus Friday for the sale of 60 million class A ordinary shares by certain selling shareholders.

The selling shareholders can sell, transfer, or otherwise dispose of any or all of the shares from time to time, according to Paranovus.

The company said it would not receive any proceeds from the sale of shares.