InvestmentJun 12, 2026, 03:01 PM
Park Ha Biological Technology Prices $2.0M Direct Offering
AI Summary
Park Ha Biological Technology Co., Ltd. announced the pricing of a registered direct offering to raise approximately $2.0 million in gross proceeds. The offering includes up to 1,133,332 Class A ordinary shares and pre-funded warrants to purchase up to 200,000 Class A ordinary shares, at a combined purchase price of $1.50 per share and pre-funded warrant. The company intends to use the net proceeds for general corporate and working capital purposes, with the offering expected to close around June 15, 2026.
Key Highlights
- Gross proceeds expected to be approximately $2.0 million from the offering.
- Offering includes up to 1,133,332 Class A ordinary shares.
- Includes pre-funded warrants to purchase up to 200,000 Class A ordinary shares.
- Combined purchase price is $1.50 per share and pre-funded warrant.
- The offering is expected to close on or about June 15, 2026.
- Net proceeds will be used for general corporate and working capital purposes.
- D. Boral Capital LLC is acting as the sole placement agent for the offering.
Price Impact
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