◆ NeutralRETO

Univest Securities, LLC Announces Closing of $15.0 Million Registered Direct Offering for its Client ReTo Eco-Solutions, Inc. (NASDAQ: RETO)

GlobeNewswire Inc.·
Univest Securities, LLC Announces Closing of $15.0 Million Registered Direct Offering for its Client ReTo Eco-Solutions, Inc. (NASDAQ: RETO)

Univest Securities completed a $15.0 million registered direct offering for ReTo Eco-Solutions, Inc. (NASDAQ: RETO), a manufacturer of eco-friendly construction materials in China. The offering included 10 million Class A ordinary shares at $1.50 per share and 10 million warrants with a $2.75 exercise price. Univest acted as the sole placement agent for the transaction.

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