Lion Group Holding shares fall 20.19% after-hours amid $2.65M discounted private placement with Amazon Capital.

Lion Group Holding fell 20.19% in after-hours trading following its announcement of a $2.65 million private placement with Amazon Capital Holding Limited. The transaction, priced at $0.0000665 per share (80% of the 20-day average), was executed at a significant discount and marked only partial completion of an initially agreed $5 million deal. The unregistered offering, relying on exemptions under the Securities Act, raised concerns over potential share dilution and investor confidence, as the reduced capital raise suggested challenges in securing full market support. The after-hours sell-off reflects investor skepticism toward the discounted capital infusion and its implications for equity value.