Jowell Global Alters Financing Strategy with New Promissory Note
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Jowell Global announced the termination of a Securities Purchase Agreement with Jowell Holdings and entered a Promissory Note Purchase Agreement valued at $2.8M. This shift in financing strategy may affect the company's financial structure and stakeholder relations. Analysts rate JWEL stock as Hold with a $2.00 price target, citing financial instability and poor valuation metrics. Strategic improvements are needed for better financial health and investor confidence.
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