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Benzinga
Benzinga
Business
Randy Elias

Why BIMI International Medical Shares Are Trading Higher Today

Shares of small-cap penny stock BIMI International Medical Inc. (NASDAQ:BIMI) shares are trading higher after the company announced it entered a $5 million stock purchase agreement with chairman Fnu Oudom.

Mr. Fnu Oudom agreed to purchase 12,500,000 shares of common stock of the Company for $5 million, or $0.40 per share.

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