Corporate ActionAug 6, 2026, 09:17 AM
YXT.com Raises $1.05M via Direct Offering of 150,000 ADSs
AI Summary
YXT.com Group Holding Ltd announced it has entered into securities purchase agreements with institutional investors for a registered direct offering. The company will sell 150,000 American Depositary Shares (ADS) at an offering price of $7 per ADS. This transaction is expected to generate gross proceeds of approximately $1.05 million for the company. The offering is anticipated to close around August 7, 2026, subject to customary closing conditions.
Key Highlights
- YXT.com entered into agreements for a registered direct offering.
- The offering involves 150,000 American Depositary Shares (ADS).
- The offering price per ADS is $7.
- Gross proceeds are estimated to be approximately $1.05 million.
- The offering is expected to close on or about August 7, 2026.
- Univest Securities, LLC is acting as the sole placement agent.
Price Impact
More from YXT