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$YGMZ MingZhu Logistics Holdings has a Merger with deadline of end of this month and $48m Private placement today while the market cap is just $4m !
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$YGMZ .72 has **4m market cap** and 6m float and pending merger with deadline at the end of this month, they also filed a private placement today with **proceeds of $48m** on a 4m market cap to implement an AI system and the shares are restricted and cannot be diluted for at least 6 months and there's no other dilution on DilutionTracker right now. the chart is oversold with last run from .91 to 1.83 and bottomed for a few days now

- Merger with GIGA Carbon Neutrality (GCN) and HOLDCO 36:

The target company, HOLDCO 36, will merge with a newly formed subsidiary of YGMZ, becoming a wholly-owned subsidiary of YGMZ after the merger closes.

- HOLDCO 36's Solar Energy Business:

HOLDCO 36 operates through a **solar-focused entity called Samolar**, based in Paris.

Projects:

HOLDCO 36 has secured 13,390 hectares of land for 5 GW of **solar energy projects**.

They focus on agrivoltaic projects, which combine solar panels with agricultural use of the land.

- **The deadline for the merger is January 31, 2025**

- Private placement today with proceeds of **$48 million**.

proceeds will be used to Implementing an **AI-driven logistics system**

and The shares are **restricted ordinary shares** under Regulation S which cannot be sold into the open market **for at least 6 months**.

- No Approved r/S

- No Warrants, No ATM , no Convertibles and last offering @ $1.20

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1 week ago