Datasea’s $8.48 Million Shares Offering

Schiff Hardin advised Datasea Inc. on the deal.

Datasea Inc. announced its registered direct offering with certain institutional investors of 2,436,904 shares of its common stock at a purchase price of $3.48 per share for the gross proceeds of approximately $8.48 million.

Datasea is a technology company engaged in providing smart security solutions, smart hardware, and education-related technologies in China.

The Schiff Hardin team was led by Ralph V. De Martino (Picture), Cavas S. Pavri and Heather H. Sanborn.

Involved fees earner: Ralph De Martino – Schiff Hardin LLP; Cavas Pavri – Schiff Hardin LLP; Heather Sanborn – Schiff Hardin LLP;

Law Firms: Schiff Hardin LLP;

Clients: Datasea Inc.;

Author: Martina Bellini