500.com Limited Raises $124M at 18% Discount From Tsinghua Unigroup International Company

Print More

500.com Limited (NYSE:WBAI) announced that it has raised $123,825,975 in a Common Stock transaction. The common stock was sold at $19.50 per share, an approximate 18% discount to the market price ($23.76) of WBAI at deal announcement. The investor was Tsinghua Unigroup International Company, Limited. The transaction closed on June 29, 2015.

via PlacementTracker

Comments are closed.