ReTo Eco-Solutions Announces $1.4 Million Share Sale Agreement

Reuters
2025.10.24 10:01
portai
I'm PortAI, I can summarize articles.

ReTo Eco-Solutions Inc. has announced a securities purchase agreement for the sale of 1,373,625 class A shares at $1.16 per share, raising approximately $1.4 million. The sale will be executed at $1.04 per share, with proceeds aimed at funding business growth in China, investing in new technologies, and general corporate purposes. The offering is expected to close around October 28, 2025.

ReTo Eco-Solutions Inc. has announced that it entered into a securities purchase agreement with certain purchasers on October 23, 2025. The agreement covers the sale of 1,373,625 class A shares at $1.16 per share, with the sale being made at $1.04 per share, raising approximately $1.4 million. The company plans to use the net proceeds to fund business growth in China or other regions, invest in new technologies or businesses, and for general corporate purposes. The closing of the offering is expected on or about October 28, 2025. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ReTo Eco-Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-101774), on October 24, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here