Aegis Capital Corp. acted as Sole Bookrunner on a $77 Million Underwritten Follow-on Offering of Common Stock for Nisun International Enterprise Development Group Co., Ltd (NASDAQ: NISN)
Nisun International Enterprise Development Group Co., Ltd announced a successful follow-on offering of common stock, raising $77 million. The offering was led by Aegis Capital Corp as the sole bookrunner. Nisun focuses on integrated supply chain solutions, aiming to transform the corporate finance industry through technology and financial integration. The funds raised will potentially enhance its capacity to provide professional solutions and support industrial supply chain reforms. This strategic move positions Nisun for further growth and expansion in its market.
- Raised $77 million through a follow-on offering to support business expansion.
- Focus on transforming the corporate finance sector enhances growth potential.
- Equity dilution risk for existing shareholders due to the follow-on offering.
NEW YORK, NY / ACCESSWIRE / December 16, 2021 / Aegis Capital Corp. acted as Sole Bookrunner on a
About Nisun International Enterprise Development Group Co., Ltd
Nisun International Enterprise Development Group Co., Ltd is a technology-driven, integrated supply chain solutions provider focused on transforming the corporate finance industry. Leveraging its industry experience, Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions. Through its subsidiaries, Nisun provides users with professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions, enabling the industry to strengthen and grow. At the same time, Nisun continues to deepen the field of industry segmentation through industrial and financial integration, by cultivating/creating an ecosystem of openness and empowerment. Nisun has built a linked platform that incorporates supply chain, banking, securities, trust, insurance, funds, state-owned enterprises, among other businesses. Focusing on industry-finance linkages, Nisun aims to serve the upstream and downstream of the industrial supply chain while also assisting with supply-side sub-sector reform.
For more information, please visit http://ir.nisun-international.com
About Aegis Capital Corporation
Aegis Capital Corporation ("Aegis") has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research and sales and trading services to institutional investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full-range of products and services including investment banking, wealth management, insurance, retirement planning, structured products, private equity, alternatives, equity research, fixed income and special purpose vehicles.
For more information about this offering or Investment Banking Services please email Banking@aegiscap.com or call (212) 813-1010.
Brokerage and investment advisory services are offered through Aegis Capital Corporation, a member of FINRA and SIPC. Investment and insurance products offered are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.
SOURCE: Aegis Capital Corp.
View source version on accesswire.com:
https://www.accesswire.com/678071/Aegis-Capital-Corp-acted-as-Sole-Bookrunner-on-a-77-Million-Underwritten-Follow-on-Offering-of-Common-Stock-for-Nisun-International-Enterprise-Development-Group-Co-Ltd-NASDAQ-NISN
FAQ
What is the amount raised in the follow-on offering for Nisun International (NISN)?
Who acted as the bookrunner for Nisun International's follow-on offering?
What is the purpose of the $77 million raised by Nisun International?
Does the follow-on offering for NISN pose any risks to shareholders?
