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VisionSys AI Inc. Announces Pricing of $12.0 Million Registered Direct Offering
Globenewswire· 2025-11-12 14:00
Core Points - VisionSys AI Inc. has entered into securities purchase agreements for the sale of 9,230,750 American Depositary Shares (ADS) and warrants at a combined offering price of $1.30 per ADS and accompanying warrants [1][3] - The gross proceeds from the offering are estimated to be approximately $12.0 million before deducting fees and expenses, with the offering expected to close on or about November 13, 2025 [3] - The warrants are immediately exercisable and will expire five years from issuance, with an initial exercise price of $1.30 per ADS, subject to adjustments [2] Company Overview - VisionSys AI Inc. specializes in brain-machine interaction businesses, leveraging core algorithms and related software and hardware systems [6] - The company is focused on advancing AI-powered healthcare and biotech solutions, aiming to create a smarter, more connected future [6]
AI stock crashes 60% on shocking crypto announcement
Yahoo Finance· 2025-10-01 18:33
Core Insights - VisionSys AI Inc. has announced the establishment of a digital asset treasury (DAT) focused on brain-machine interaction and advanced AI [1] - The company’s subsidiary, Medintel Technology Inc., is partnering with Marinade Finance to launch a Solana-focused DAT valued at up to $2 billion [2] - VisionSys AI aims to stake $500 million in SOL within six months, leveraging the proof-of-stake consensus mechanism [4] Company Developments - The DAT will allow VisionSys AI to hold significant amounts of crypto assets, similar to traditional cash or commodities [1] - The partnership with Marinade Finance is seen as a strategic move to integrate digital assets into the company's operations, combining AI algorithms with Solana's blockchain [6] - Following the announcement, VisionSys AI's stock experienced a significant drop of over 60%, but began to recover shortly after [7] Market Reaction - VisionSys AI's stock fell to as low as $1.26 before recovering to $2.24 [7] - In contrast, the price of SOL increased by more than 5% within 24 hours, trading at $219.86 [7]