LuxUrban Hotels Inc. entered into a securities purchase agreement with an existing private investment fund for issuance of 8,000,000 common shares at a price of $0.25 per share for gross proceeds of $2,000,000 on June 26, 2024. The company paid placement agent fees of approximately $140,000. The purchaser has been afforded the right to purchase up to an additional 8,000,000 shares at $0.25 per share (subject to downward price adjustments for certain issuance by the Company below $0.25) during the period commencing six months after the closing and ending on the 18-month anniversary of the closing.
Market Closed -
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5-day change | 1st Jan Change | ||
0.1847 USD | +1.99% |
|
-0.11% | -96.91% |
07-12 | Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Friday as Big Bank Earnings Kick Off Earnings Season | MT |
07-12 | LuxUrban Hotels Prices Public Offering of Common Shares | MT |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-96.91% | 20.54M | |
+32.74% | 27.28B | |
-4.64% | 24.71B | |
-16.64% | 25.27B | |
+15.32% | 24.68B | |
+34.77% | 21.2B | |
+2.27% | 19.49B | |
-2.62% | 18.9B | |
+42.69% | 17.42B | |
+18.98% | 15.27B |
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- LuxUrban Hotels Inc. announced that it has received $2 million in funding