Yunhong Green CTI Ltd. announced that it has received $2 million in funding from WICKBUR HOLDINGS LLC
On the same date, the company entered into a Stock Purchase Agreement with Agile Wisdom International Limited, pursuant to which the Company agreed to issue and sell 70,000 shares of the Company?s newly created Series F Convertible Preferred Stock at a purchase price of $10 per share for gross proceeds of $700,000. The company issued Series F Investor a warrant to purchase up to 194,600 shares of the common stock, at an exercise price of the lower of (a) $1.52 per Share, or (b) the lowest daily volume-weighted average price of the common stock during the 10 trading days prior to the date of exercise, in each case subject to customary adjustments.