AirNet Technology Inc. recently announced a significant increase in its authorized share capital during its annual general meeting. This strategic decision is expected to attract the attention of shareholders and investors closely monitoring the company’s financial strategies. The expansion involves the issuance of more ordinary and preferred shares, resulting in a total share capital of $40,000,000.
This move may indicate potential growth prospects or organizational changes for the entity, previously known as AirMedia Group Inc. Interested individuals can explore TipRanks’ Stock Analysis page for further insights on ANTE stock.
