Blank Rome Represents eFuture Information Technology Inc., in Private Placement Sale of Ordinary Shares
Blank Rome represented eFuture Information Technology Inc., a leading provider of software and mobile social shopping network services, in its private placement sale of 798,000 ordinary shares to Mr. Adam Yan, Chairman, Mr. David Ren, Chief Executive Officer, Ms. Ping Yu, Chief Finance Officer and other individuals for US$3.2 million (or $4.0345 per share) in cash.