https://blockonomi.com/cango-secures-10m-deal-while-facing-nyse-pressure/
TLDR Cango received a notice from the New York Stock Exchange after its shares traded below $1 for 30 consecutive days. The company has six months to regain compliance and avoid suspension or delisting proceedings. Cango secured a $10 million convertible note agreement with DL Holdings to strengthen its balance sheet…
Cango Secures $10M Deal While Facing NYSE Pressure
Published in Business and Uncategorized
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