Meiwu Technology Completes $9.6M Private Placement with Chairman
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Meiwu Technology Company Limited has completed a $9.6 million private placement with its Chairman, Changbin Xia, selling 12 million shares at $0.80 each. The transaction, approved by the Audit Committee and Board of Directors, was finalized on September 10, 2025, and aims to enhance working capital. The company's total outstanding shares now stand at 15,643,353. Despite some technical momentum, Spark's AI Analyst rates WNW stock as Neutral due to ongoing financial challenges and negative market sentiment.
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