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Scienjoy Announces Closing of $30 Million Common Stock Purchase Transaction With White Lion Capital


Scienjoy Announces Closing of $30 Million Common Stock Purchase Transaction With White Lion Capital
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BEIJING, Feb. 24, 2021 /PRNewswire/ Scienjoy Holding Corporation (
Scienjoy or the Company ) (NASDAQ: SJ), a leading live entertainment mobile streaming platform in China, today announced that it has closed the transaction in accordance with a Common Stock Purchase Agreement (the
Purchase Agreement ) it has entered with White Lion Capital, LLC, a Nevada limited liability company (the
White Lion Capital ). The Purchase Agreement provides that White Lion Capital is committed to purchase the Company s Ordinary Shares with an aggregate offering price of up to $30,000,000 ( ....

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Naked Brand Group Announces Transformative Business Restructuring Plan Focused Exclusively on Accelerating Existing E-Commerce Platform

Naked Brand Group Limited: Naked Brand Group Announces Transformative Business Restructuring Plan Focused Exclusively on Accelerating Existing E-Commerce Platform


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- Building a dominant e-commerce leader focused on the intimate apparel market, leveraging growth and synergies through M&A and investing in existing fast-growing e-commerce operations -
- Divesting unprofitable brick-and-mortar operations through the sale of Bendon subsidiary to deliver a strong balance sheet and access to capital markets to execute e-commerce growth strategy -
SYDNEY, AUSTRALIA / ACCESSWIRE / January 21, 2021 / Naked Brand Group Limited (
Nasdaq:NAKD) ( Naked or the Company ), a global leader in intimate apparel and swimwear, today announced that the Company plans to undertake a transformative restructuring in which it will shed its brick-and-mortar operations in order to focus exclusively on the planned rapid acceleration of its e-commerce business. Naked will seek to leverage its brand, platform and build out proprietary technology to meet the needs of consumers in today s digital world. ....

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