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.
Law Firms: Schiff Hardin LLP;
Clients: Datasea Inc.;