 LISHUI, China, May 27, 2021 PRNewswire -- Tantech Holdings Ltd NASDAQ: TANH Tantech or the Company, a clean energy company in China, today announced that it has agreed to sell 5,380,000 of the Companys common shares the Shares to various purchasers the Purchasers in a private placement transaction the Private Placement at US1.30 per share for US 6,994,000. The Company intends to use the net proceeds from the Private Placement for general corporate and working capital needs. 