Yongmao Holdings raises $4.41m in Series 002 SDAX issuance

It closed on 9 January.

Yongmao Holdings Limited has raised $4.41m through Series 002 of its three-month digital securities commercial paper issued on the SDAX platform.

In a bourse filing, the company said the issuance was launched on 2 January and closed on 9 January at 6.00 p.m. The digital securities to be issued to subscribers will be released on the SDAX platform on 14 January.

Amongst the subscribers for the 3-month Series 002 SDAX tokens were a certain executive director and independent directors who subscribed a total of $670,000. This amount is around 15.19% of the issuance.

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