Core Viewpoint - Aureus Greenway Holdings Inc. has successfully closed a brokered private placement offering, raising approximately $26 million for the issuance of common stock and warrants [1][3]. Group 1: Offering Details - The offering consisted of 29,885,057 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 [2]. - The price per unit for the offering was set at $0.87, with each Pre-funded Warrant having an exercise price of $0.0001, common warrant A at $1.00, and common warrant B at $1.25, all exercisable for five years [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].
Aureus Greenway Holdings , Inc. Announces Closing of Twenty-Six Million Dollar Private Placement Priced At-The Market under Nasdaq Rules