MOKO Prices U.S. Public Offering to Raise US$2.55m (MOKO Social Media Limited)

(Source: MOKO Social Media Limited) MOKO Social Media (NASDAQ:MOKO - ASX:MKB) is pleased to announce a US$2.55 million (before costs) placement via an underwritten public offering of 1.5 million American Depository Shares (ADS's), at an issue price of US$1.70 per ADS ('Placement'). Each ADS represents the right to acquire forty (40) fully paid ordinary shares. This equates to an issue of 60 million ordinary shares at an Australian equivalent price of AU$0.06 per ordinary share,...