JIADE Ltd

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.

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.

JIADE Ltd announced a 10:1 share consolidation, approved by its board on April 20 and May 12, 2026, and by shareholders on May 4, 2026. This action will consolidate 20,000,000 authorized ordinary shares into 2,000,000 shares. Additionally, the company will increase its authorized share capital from $50,000 divided into 2,000,000 ordinary shares to $50,000 divided into 2,000,000,000 shares with a lower par value. The Class A Ordinary Shares will trade on a post-consolidation basis on the Nasdaq Capital Market under the same symbol "JDZG" with a new CUSIP number starting June 1, 2026.

JIADE Ltd announced a registered direct offering of up to $12.0 million of its Class A ordinary shares. The company entered into a securities purchase agreement to sell 50,000,000 shares at $0.24 per share. An initial closing of $3.36 million for 14,000,000 shares occurred on May 7, 2026, with a second closing of $8.64 million expected by June 30, 2026, subject to certain conditions including a share consolidation. The net proceeds will be used for general corporate purposes, including working capital.

JIADE Limited held its Annual General Meeting of Shareholders on May 4, 2026, where several key resolutions were approved. Shareholders re-elected five directors and ratified the appointment of Enrome LLP as the independent auditor for the year ending December 31, 2026. Additionally, the company received approval for a share consolidation at a ratio between 1-for-2 and 1-for-100, a subsequent change in authorized share capital, and the adoption of a Third Amended and Restated Memorandum and Articles of Association, which will increase the voting power of Class B ordinary shares from 50 to 90 votes per share.

JIADE Ltd announced it has entered into a definitive securities purchase agreement to sell up to $12.0 million of its Class A ordinary shares in a registered direct offering. The shares are priced at $0.24 each, with an initial closing of $3.36 million expected around May 5, 2026. A second closing of $8.64 million is planned by June 30, 2026, contingent on a share consolidation and amendment to the company's articles of association. The net proceeds will be allocated for general corporate purposes, including working capital.

JIADE Ltd reported a 37% year-over-year revenue increase to RMB 25.70 million (US$3.67 million) for fiscal year 2025, primarily driven by its strategic expansion into safety technology training services, which contributed RMB 8.42 million in new revenue. Despite this significant top-line growth, the company incurred a net loss due to substantial upfront investments in market capture and operational expansion. Management plans to transition to a dual-driven model focusing on scale and efficiency, implementing cost-control measures, AI integration, and HR restructuring to improve future margins.