StockWatch
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Industrial Machinery/Components
InvestmentJul 24, 2026, 04:36 PM

INLIF Limited Secures $103,200 PIPE Investment

AI Summary

INLIF Limited announced it completed a Private Investment in Public Equity (PIPE) transaction with Kerui Enterprise Limited. The company issued 40,000 Class B ordinary shares at $2.58 per share, raising an aggregate of $103,200. The proceeds from this investment will be utilized for general corporate purposes, including working capital.

Key Highlights

  • INLIF Limited entered into a Securities Purchase Agreement with Kerui Enterprise Limited.
  • The company issued 40,000 Class B ordinary shares.
  • The shares were sold at $2.58 per share.
  • The aggregate purchase price for the PIPE Transaction was $103,200.
  • The closing of the PIPE Transaction occurred on July 22, 2026.
  • Proceeds will be used for general corporate purposes, including working capital.