Core Viewpoint - Golden Heaven Group Holdings Ltd. has entered into a securities purchase agreement to raise capital through a private placement of Class A Ordinary Shares, aiming to enhance its operational capabilities and park development [1][2]. Group 1: Securities Purchase Agreement - The company will issue 20,000,000 Class A Ordinary Shares for a total of US$25.2 million through the private placement [2]. - If the company does not meet specific operational and financial targets by September 30, 2027, it will issue up to an additional 10,000,000 Class A Ordinary Shares to the investors without further payment [2]. Group 2: Warrants Issuance - As part of the agreement, the company will issue warrants allowing investors to purchase up to 40,000,000 Class A Ordinary Shares at an exercise price of US$1.386, expiring five years after issuance [3]. - The warrants include standard adjustments to the exercise price [3]. Group 3: Amendments to Existing Warrants - The company has amended the exercise price of existing warrants to US$1.386 and has secured agreements from existing holders to exercise their warrants concurrently with the amendment [4]. Group 4: Company Overview - Golden Heaven operates amusement parks, water parks, and recreational facilities in China, offering a variety of attractions including rides, water features, and performances [5].
Golden Heaven Group Holdings Ltd. Secures Investment of US$25.2 Million and Enters Into Amendments to Outstanding Warrants