ETAO International Entered Into Standby Equity Purchase Agreement of Up To $150 Million with YA II PN, Ltd.

NEW YORK, March 8, 2023 /PRNewswire/ — ETAO International Co., Ltd. (“ETAO” or the “Company”) announced on February 24, 2023, ETAO and YA II PN, Ltd., a Cayman Islands exempt limited partnership (the “Investor”) managed by Yorkville Advisors Global, LP (the “Investment Manager”), entered…