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Corporate ActionJun 2, 2026, 06:07 AM

JIADE LIMITED Completes $8.64M Registered Direct Offering

AI Summary

JIADE LIMITED announced the completion of an additional closing for its registered direct offering, raising $8.64 million by issuing 3,600,000 Class A ordinary shares at $2.40 per share. This follows an initial closing of $3.36 million, bringing the total offering to $12.0 million. The company plans to use the net proceeds for general corporate purposes, including working capital. The issuance reflects a 10-for-1 share consolidation effected on June 1, 2026.

Key Highlights

  • JIADE LIMITED completed an additional closing of $8.64 million in a registered direct offering.
  • The company issued 3,600,000 Class A ordinary shares at $2.40 per share.
  • This offering follows an initial closing of $3.36 million on May 7, 2026.
  • The total registered direct offering amounts to $12.0 million.
  • Proceeds will be used for general corporate purposes, including working capital.