Schiff Advises Placement Agent in MingZhu Logistics Holdings Limited’s $20M Registered Direct Offering

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Schiff Advises Placement Agent in MingZhu Logistics Holdings Limited’s $20M Registered Direct Offering

News Release |

Schiff Hardin LLP acted as counsel to the placement agent in MingZhu Logistics Holdings Limited’s registered direct offering of an aggregate of more than 3.3 million units of its securities at a price of $6 per unit for aggregate gross proceeds of $20 million. MingZhu is a China-based trucking services provider and intends to use the net proceeds of the offering for working capital and general corporate purposes.

FT Global Capital, Inc. acted as the exclusive placement agent in connection with the offering, which closed on March 13, 2021.