Cango Secures $10M Deal While Going via NYSE Stress

    Cango Secures $10M Deal While Going via NYSE Stress

    TLDR Cango acquired a come across from the New York Inventory Alternate after its shares traded below $1 for 30 consecutive days. The corporate has six months to win compliance and retain a ways from suspension or delisting court docket cases. Cango secured a $10 million convertible stamp agreement with DL Holdings to pork up its balance sheet…
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