Xiao-I Files $100 Million Mixed-Shelf Offering; Shares Decline-March 2024-www.financetom.com

Xiao-I Files $100 Million Mixed-Shelf Offering; Shares Decline

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Xiao-I Files $100 Million Mixed-Shelf Offering; Shares Decline

May 10, 2024 9:23 AM

12:09 PM EDT, 05/10/2024 (MT Newswires) -- Xiao-I ( AIXI ) on Friday filed a registration statement for a mixed-shelf offering of up to $100 million of American depositary shares representing ordinary shares, warrants, debt securities and units.

Shares of the company fell 8.4% in recent trading Friday.

Price: 1.08, Change: -0.10, Percent Change: -8.40

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