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UPDATE: PhaseBio Pharmaceuticals Says SFJ Demanding That Co. Execute Program Transfer Agreement Within Ten Days Following Delivery Of Program Transfer Notice, Says Board Is Considering All Potential Actions In Response To Program Transfer Notice

-Reuters
byMichael Horton
September 27, 2022
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-Reuters

 
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Kaixin Auto Holdings Announced $700M Intended Investments at Conversion Price of $2 and Above for Pending Acquisition of New Energy Vehicle Manufacturer

By Charles Gross
Today, 12:59 PM
Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ: KXIN) announces today that it has obtained a total of $700 million of targeted investment intentions from several institutional investors. The investments will take effect simultaneously with Kaixin's intended acquisition of a new energy vehicle manufacturing company.

KXIN