Elong Power Holding Limited settled a $33,000 debt with CEO Xiaodan Liu through the issuance of 33,881 Class B ordinary shares valued at $0.974 per share. Additionally, the Company entered into a securities purchase agreement with Gracedan Co., Limited to issue and sell 66,119 Class B ordinary shares at the same price. Elong Power Holding Limited operates in the power and energy sector in China.
