Schiff Assists Datasea in $8.48M Registered Direct Offering

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Schiff Assists Datasea in $8.48M Registered Direct Offering

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Schiff Hardin LLP acted as counsel to Datasea Inc. in its registered direct offering with certain institutional investors of 2,436,904 shares of its common stock at a purchase price of $3.48 per share for the gross proceeds of approximately $8.48 million. Datasea is a technology company engaged in providing smart security solutions, smart hardware, and education-related technologies in China.