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Scienjoy Plans Mixed Shelf Offering up to $250 Million, Secondary Share Sale
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Scienjoy Plans Mixed Shelf Offering up to $250 Million, Secondary Share Sale
Jul 1, 2024 3:11 PM

05:56 PM EDT, 07/01/2024 (MT Newswires) -- Scienjoy Holding ( SJ ) late Monday filed a prospectus for a mixed shelf offering of up to $250 million and a secondary sale of Class A ordinary shares.

The company said it may issue and sell from time to time Class A ordinary and preferred shares, debt securities, warrants, and subscription rights in one or more offerings.

Further, selling shareholders may, from time to time, offer and sell up to about 11.5 million ordinary shares.

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