 PALO ALTO, Calif., Sept. 30, 2021 GLOBE NEWSWIRE -- AeroCentury Corp. AeroCentury or the Company NYSE American: ACY, today announced the closing of the sale of an aggregate 2,870,927 shares of Common Stock of the Company at 3.85 per share, for an aggregate cash purchase price of approximately 11 million the Transaction pursuant to the Securities Purchase Agreement the Securities Purchase Agreement between and among Yucheng Hu, Hao Yang, Jing Li, Yeh Ching, Yu Wang, TongTong Ma, Qiang Zhang, Yanhua Li, and Yiyi Huang collectively, the Plan Sponsors and AeroCentury. The Transaction was previously approved by the U.S. Bankruptcy Court for the District of Delaware the Bankruptcy Court on August 31, 2021. 