Corporate ActionJun 1, 2026, 06:30 PM
JIADE Completes $8.64M Additional Closing of Registered Direct Offering
AI Summary
JIADE Limited announced the completion of an additional closing of its registered direct offering, raising $8.64 million from the sale of 3,600,000 Class A ordinary shares at $2.40 per share. This follows an initial closing of $3.36 million, bringing the total raised to $12.0 million. The offering reflects a 10-for-1 share consolidation effective June 1, 2026, and the net proceeds will be used for general corporate purposes, including working capital.
Key Highlights
- Completed additional closing of $8.64 million in registered direct offering.
- Issued 3,600,000 Class A ordinary shares in the additional closing.
- Shares issued at $2.40 per share, reflecting a 10-for-1 share consolidation.
- Initial closing on May 7, 2026, raised $3.36 million.
- Total gross proceeds from the offering reached $12.0 million.
- Net proceeds will be used for general corporate purposes and working capital.
Price Impact
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