AiRWA Inc. Announces $15.69 Million Common Stock Registered Direct Priced At Market Close

Core Viewpoint - AiRWA Inc. has announced a registered direct offering of 15,382,378 shares of common stock at a price of $1.02 per share, aiming to raise approximately $15.69 million in gross proceeds before expenses [1][2]. Group 1: Offering Details - The offering is expected to close around December 22, 2025, pending customary closing conditions [1]. - A.G.P./Alliance Global Partners is acting as the sole placement agent for this offering [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for a previously announced joint venture, corporate acquisitions, and general working capital purposes, although no specific acquisition plans are currently in place [2]. Group 3: Company Background - AiRWA Inc. operates through its majority-owned subsidiary, Yuanyu Enterprise Management Co., Limited, and focuses on technology licensing, particularly in the area of tokenized U.S. equities [5]. - The company is also involved in the Web3 space, promoting innovation in digital finance through the AiRWA Exchange, which emphasizes the tokenization of real-world assets [5].

Connexa Sports Technologies Inc.-AiRWA Inc. Announces $15.69 Million Common Stock Registered Direct Priced At Market Close - Reportify