Lucas GC Ltd

Lucas GC Limited has entered into an At the Market Offering Agreement with Pacific Century Securities, LLC. Under this agreement, the company may offer and sell up to US$25.0 million of its Class A ordinary shares from time to time. The Agent will receive a 3.5% placement fee, and the net proceeds are intended for general corporate purposes, such as working capital, capital expenditures, and potential future acquisitions or strategic investments.

Lucas GC Limited announced that Mr. Harry Tang will transition from his role as Chief Technology Officer to a senior advisor, effective July 30, 2026. The company stated that this change is due to personal reasons and not any disagreement with the company's operations or policies. In his new capacity, Mr. Tang will continue to contribute by supporting the implementation and commercialization of the company's patent portfolio and jointly developed technologies.

Lucas GC Limited announced the termination of its At-the-Market (ATM) Offering Program and the discontinuation of its previously announced Proposed Public Offering. The company stated that no securities were issued or sold under either financing plan. This decision was made after evaluating current market conditions, its capital structure, and expected financing costs, with the company deeming it a prudent course of action.

Lucas GC Limited has entered into an At the Market Offering Agreement with Maxim Group LLC, allowing the company to offer and sell up to US$20.0 million of its Class A ordinary shares. Maxim Group LLC will serve as the sales agent or principal, receiving a 3.0% placement fee and reimbursement for certain expenses. The net proceeds from this offering are intended for general corporate purposes, including additions to working capital, financing capital expenditures, and funding future acquisitions or strategic investments.