Aureus Greenway Holdings , Inc. Announces Twenty Six Million Dollar Private Placement Priced At-The Market under Nasdaq Rules

Core Viewpoint - Aureus Greenway Holdings Inc. has announced a definitive securities purchase agreement for the issuance and sale of units consisting of common stock and warrants, aiming to raise approximately $26 million in gross proceeds through a private placement [1][2]. Group 1: Securities Offering Details - The company will issue 41,935,483 shares of common stock or pre-funded warrants, along with common warrants A and B, each allowing the purchase of the same number of shares at specified exercise prices [2]. - The exercise price for each pre-funded warrant is $0.0001 per share, while common warrant A and B have exercise prices of $1.00 and $1.25 per share, respectively, both valid for five years post-offering [2]. - The private placement is expected to close on July 25, 2025, subject to customary closing conditions [2]. Group 2: Use of Proceeds - The proceeds from the offering will be utilized for working capital and general corporate purposes [3]. Group 3: Company Overview - Aureus Greenway Holdings Inc. operates daily fee golf country clubs in Florida, targeting a diverse demographic of both locals and tourists, thereby capturing a significant share of discretionary leisure spending [6].