 LISHUI, China, June 7, 2021 PRNewswire -- Tantech Holdings Ltd NASDAQ: TANH Tantech or the Company, a clean energy company in China, today announced that it closed a previously announced private placement transaction the Private Placement, raising approximately US7.0 million in gross proceeds, from the sale of 5,380,000 of the Companys common shares the Shares to various purchasers the Purchasers, priced at US1.30 per share. The Shares were sold in transactions exempt from registration under the Securities Act of 1933, as amended the Securities Act, in reliance on Regulation S thereunder. 