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Top KingWin (Nasdaq: WAI) has announced entering into a securities purchase agreement for a $2.5 million convertible promissory note with JAK Opportunities VIII The note, bearing an 11.75% annual interest rate, will provide gross proceeds of $2.25 million. The note matures in 12 months with a possible 24-month extension option and includes a 10% original issue discount. The note is convertible into ordinary shares at any time after issuance. R.F. Lafferty & Co. acted as the exclusive placement agent for this offering.
Top Kingwin (NASDAQ: WAI) has announced that its subsidiary, Guji Technology (Shenzhen) Co., , achieved RMB 2million in revenue for October 2024. The company, which focuses on providing corporate business training, consulting, and advisory services to small and medium-sized enterprises in China, remains committed to expanding its hardware sales portfolio and investing in its subsidiaries to enhance shareholder value.
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