D. Boral Capital helped Baijiayun Group enter $50 million Standby Equity Purchase Agreement.

From GlobeNewswire: 2024-12-10 11:17:00

Baijiayun Group Ltd announced entering into a $50 million Standby Equity Purchase Agreement with YA II PN, Ltd. The agreement allows YA to purchase the Company’s Class A Ordinary Shares over a two-year period. The Company plans to use the proceeds for working capital and general corporate purposes. D. Boral Capital LLC served as the exclusive placement agent for the Offering. Baijiayun is an AI video solution provider specializing in SaaS/PaaS solutions. The Company cautions shareholders and potential investors about uncertainties in forward-looking statements, urging them to review SEC filings for risks and uncertainties.



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