Core Viewpoint - Oriental Rise Holdings Limited is conducting a public offering of up to 14,800,000 Units at a price of US$0.4681 per Unit, aiming to raise approximately US$6.9 million for various corporate purposes [1][2]. Group 1: Offering Details - The Offering consists of Units that include one Ordinary Share and one Common Warrant, with the Common Warrant exercisable at the same price as the Unit [1]. - The Common Warrants will have a downward adjustment in exercise price to 70% and 50% of the initial price on the 5th and 10th trading days post-closing, respectively [1]. - The Offering is expected to close on July 23, 2025, subject to customary closing conditions [2]. Group 2: Use of Proceeds - Proceeds from the Offering will be allocated for general corporate purposes, working capital, sales network expansion, and production capacity enhancement [2]. Group 3: Company Overview - Oriental Rise Holdings Limited is an integrated supplier of white and black tea products in mainland China, with operations covering cultivation, processing, and sales [6]. - The company operates tea gardens in Zherong County, Ningde City, Fujian Province, focusing on both wholesale and retail markets [6].
Oriental Rise Holdings Limited Announces Pricing of $6.9 Million Public Offering