 NEW YORK, Feb. 22, 2021 GLOBE NEWSWIRE -- Univest Securities, LLC, a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of a registered direct offering for 25 million by its client Code Chain New Continent Limited the Company or Code Chain NASDAQ: CCNC, a leading eco-technology company. The Company has entered into a securities purchase agreement with certain institutional investors to purchase i an aggregate of 4,166,666 shares of the Companys common stock the Shares and warrants to purchase up to an aggregate of 1,639,362 shares of common stock the Registered Warrants in a registered direct offering and ii warrants to purchase up to an aggregate of 2,527,304 shares of common stock the Unregistered Warrants in a concurrent private placement. The combined per share purchase price will be 6.00 per Share. 