Baosheng Media Group Shares Surge 125% After Hours - Baosheng Media Group (NASDAQ:BAOS)

Baosheng Media Group Holdings Ltd (NASDAQ:BAOS) shares are trending on Wednesday.

Shares of the Chinese online marketing and advertising solutions provider surged 125.02% to $1.64 in after-hours trading on Tuesday.

In the regular session, BAOS closed at $0.73, up 3.15%, according to Benzinga Pro data.

Dilution Fears Ease

On Tuesday, Baosheng Media Group disclosed in a Securities and Exchange Commission filing that it has terminated its securities purchase agreement with private investment firm High West Partners LLC.