 BEIJING, March 23, 2021 PRNewswire -- WiMi Hologram Cloud Inc. Nasdaq: WIMI WiMi or the Company, a leading Hologram Augmented Reality AR Technology provider, today announced that it entered into securities purchase agreements with certain institutional investors in connection with a registered direct offering of an aggregate of 11,173,335 units at a purchase price of US7.50 per unit for a total offering size of approximately US83.8 million. Each unit consists of one American Depositary Shares the ADSs, each representing two Class B ordinary shares of the Company, and 0.4 warrant to purchase one ADS at an exercise price of US8.60 per ADS, subject to adjustments. 