Core Viewpoint - Decent Holding Inc. has successfully closed an $8 million registered offering to support its business expansion and technological development in wastewater treatment services in China [1][2]. Group 1: Offering Details - The registered offering consisted of 13,333,333 Class A ordinary shares priced at $0.60 per share, along with warrants to purchase 26,666,666 additional Class A ordinary shares at an exercise price of $0.66 [1][2]. - Total gross proceeds from the offering amounted to $8 million before expenses [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for business expansion, product research and development, promoting river water quality management services, upgrading wastewater treatment technologies, and recruiting talent [2]. Group 3: Legal and Regulatory Framework - The offering was conducted under an effective registration statement filed with the U.S. Securities and Exchange Commission (SEC) and became effective on November 6, 2025 [4]. - D. Boral Capital LLC served as the sole placement agent for the offering, with Ortoli Rosenstadt LLP and Crone Law Group, P.C. providing legal counsel [3]. Group 4: Company Overview - Decent Holding Inc. specializes in wastewater treatment, ecological river restoration, and microbial products for pollutant removal and water quality enhancement through its subsidiary, Shandong Dingxin Ecology Environmental Co., Ltd. [6].
Decent Holding Inc. Announces Closing of US$8 Million Registered Offering of Class A Ordinary Shares and Warrants