Meiwu Technology Company Limited (NASDAQ:WNW) shares traded higher on Tuesday.

Earlier this month, the company disclosed a new private financing deal tied to its artificial intelligence expansion strategy. The firm raised fresh capital while outlining plans for an AI-powered skincare management platform.

Something went wrong.

Meiwu Technology said it secured approximately $15.65 million through a private share sale involving 25 million ordinary shares.

• Meiwu Technology Co shares are climbing with conviction. Why are WNW shares rallying?