BUZZ-Mercurity Fintech Holding rises on $8 mln private investment

Reuters

01-16

BUZZ-Mercurity Fintech Holding rises on $8 mln private investment

** Shares of Mercurity Fintech Holding MFH.O rise 25.8% to $7.03

** MFH raises $8 mln in a private placement

** Says institutional investor purchased about 1.37 mln shares of MFH at $5.87 per share

** MFH says it intends to use this funding to develop its business in AI hardware intelligent manufacturing and advanced liquid cooling solutions

** MFH gained ~172% in 2024

(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

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