Kandi Technologies announces $71M direct common stock placement

Kandi Technologies (KNDI -8.5%) announces it entered into an agreement with select institutional investors for a $71M registered placement of common stock at a price of $17.20 per share.The company says the proceeds from the offering will be used for general working corporate purposes.

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Comments (6)
  • yexiaodan
    , contributor
    Comments (10) | Send Message
    How this affect stock price? Should go highter or lower? Please explain?
    29 Aug 2014, 09:52 AM Reply Like
  • toonies
    , contributor
    Comments (447) | Send Message
    Opportunity to buy. It will go higher (if markets will not slump). Going to try to add today at ~ 17.50 Long from ~ $4.00.
    29 Aug 2014, 10:38 AM Reply Like
  • Richard0623
    , contributor
    Comments (178) | Send Message
    So many amateurs in this stock it's funny
    29 Aug 2014, 12:32 PM Reply Like
  • toonies
    , contributor
    Comments (447) | Send Message
    Your majesty, Richard DCXXIII Professional
    29 Aug 2014, 02:33 PM Reply Like
  • joeg1969
    , contributor
    Comments (440) | Send Message
    Grateful for the Discount TY
    31 Aug 2014, 01:03 PM Reply Like
  • stockbuyer2014
    , contributor
    Comments (133) | Send Message
    this is a great time to buy now! http://bit.ly/1rJJbUO
    10 Sep 2014, 08:24 PM Reply Like
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