Registered direct offering
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Univest Securities, LLC Announces Closing of $3 Million Registered Direct Offering for its Client Hitek Global Inc. (NASDAQ: HKIT)
Globenewswire· 2026-03-31 21:00
New York, March 31, 2026 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of a registered direct offering (the “Offering”) of approximately $3 million for its client Hitek Global Inc. (NASDAQ: HKIT) (the “Company”), a China-based information technology consulting and solutions service provider. Under the terms of the securities purchase agreement, the Compan ...
Tantech Holdings Ltd Announces Pricing and Closing of $2.15 Million Registered Direct Offering and Private Placements
Prnewswire· 2026-03-31 20:30
Core Viewpoint - Tantech Holdings Ltd has successfully completed a registered direct offering and private placements, raising approximately $2.15 million through the issuance of Common Shares and Warrants [1][2]. Group 1: Offering Details - The transactions involved the sale of 7,166,671 Common Units, each consisting of one Common Share, one Series E Common Warrant (exercisable for three Common Shares at $0.30 per share), and one Series F Common Warrant (exercisable for three Common Shares at $0.35 per share) [2]. - The offering price per Common Unit was set at $0.30, leading to aggregate gross proceeds of approximately $2.15 million [2]. Group 2: Use of Proceeds - The Company plans to utilize the net proceeds from the offerings, along with existing cash, for general corporate purposes and working capital [2]. Group 3: Regulatory Compliance - The registered direct offering was conducted under an effective shelf registration statement on Form F-3, which was declared effective by the SEC on September 11, 2023 [4]. - The securities offered in the private placement were made under Regulation S of the Securities Act, and are not registered under the Securities Act or applicable state laws, limiting their resale in the U.S. [4].
Hitek Global Inc. Announces Pricing of $3 Million Registered Direct Offering
Prnewswire· 2026-03-27 17:29
Core Viewpoint - Hitek Global Inc. has announced a registered direct offering of 100 million Class A Ordinary Shares at an offering price of $0.03 per share, aiming to raise approximately $3 million before expenses [1][2]. Group 1: Offering Details - The gross proceeds from the offering are estimated to be around $3 million, with the closing expected on or about March 30, 2026, pending customary closing conditions [2]. - Univest Securities, LLC is acting as the sole placement agent for this offering [2]. Group 2: Regulatory Information - The offering is being conducted under a shelf registration statement on Form F-3, which was previously filed with the U.S. Securities and Exchange Commission (SEC) and became effective on May 29, 2024 [3]. - A final prospectus supplement and accompanying prospectus will be filed with the SEC and will be available on the SEC's website [3]. Group 3: Company Overview - Hitek Global Inc. is based in Xiamen, China, and specializes in IT consulting and solutions, focusing on services for small and medium businesses (SMEs) and large enterprises [5]. - The company currently operates two lines of business: services to SMEs, including Anti-Counterfeiting Tax Control System (ACTCS) devices and services, and services to large businesses, which include hardware and software sales [5]. - Hitek Global aims to develop its system integration services and online service platform, aspiring to become a comprehensive consulting destination for IT and business services in China [5].
ParaZero announces closing of $4M registered direct offering
Yahoo Finance· 2026-03-25 14:25
Core Viewpoint - ParaZero Technologies has successfully closed a registered direct offering, raising approximately $4 million through the sale of ordinary shares and pre-funded warrants at a price of $0.75 per share [1] Group 1: Offering Details - The offering included the sale of 5,333,333 ordinary shares at a public offering price of $0.75 per share [1] - Pre-funded warrants sold in the offering are immediately exercisable and can be exercised at any time until fully exercised [1] - The aggregate gross proceeds from the offering amounted to approximately $4 million [1] Group 2: Use of Proceeds - The company plans to utilize the net proceeds from the offering, along with existing cash, for general corporate purposes and working capital [1] Group 3: Share Structure - Following the completion of the offering, the company has 28,760,239 ordinary shares issued and outstanding, assuming all pre-funded warrants are exercised [1] Group 4: Advisory and Legal Counsel - Aegis Capital Corp. served as the exclusive placement agent for the offering [1] - Greenberg Traurig, P.A. and Gornitzky & Co. acted as co-counsels to the company [1] - Kaufman & Canoles, P.C. provided counsel to Aegis Capital Corp. [1]
Meiwu Technology Co Ltd Announces $14 Million Registered Direct Offering
Prnewswire· 2026-03-17 13:25
Meiwu Technology Co Ltd Announces $14 Million Registered Direct Offering Accessibility StatementSkip NavigationSHENZHEN, China, March 17, 2026 /PRNewswire/ -- Meiwu Technology Co Ltd (NASDAQ: WNW) (the "Company"), today announced that it has entered into a definitive agreement with certain investors for the purchase and sale of an aggregate of 6,999,996 of the Company's ordinary shares, no par value each (the "Shares") at a purchase price of $2.00 per share in a registered direct offering.The Company also a ...
Jayud Global Logistics Announces Pricing of $6.7 Million Registered Direct Offering
Globenewswire· 2026-03-13 21:00
SHENZHEN, China, March 13, 2026 (GLOBE NEWSWIRE) -- Jayud Global Logistics Limited (NASDAQ: JYD) ("Jayud" or the "Company"), a leading end-to-end supply chain solutions provider based in Shenzhen specializing in cross-border logistics, today announced that it has entered into a securities purchase agreement with several investors for the purchase and sale of 5,025,000 Class A ordinary shares at a purchase price of $1.34 per share in a registered direct offering (the “Offering”). The gross proceeds to the Co ...
Draganfly Announces Closing of US$50.0 Million Registered Direct Offering
Globenewswire· 2026-02-27 21:10
Core Viewpoint - Draganfly Inc. has successfully closed a registered direct offering of 7,150,000 common shares at a price of US$7.00, generating gross proceeds of approximately US$50.0 million before expenses [1]. Group 1: Offering Details - The offering was led by Maxim Group LLC as the placement agent, with Raymond James Ltd. and Ladenburg Thalmann & Co. Inc. serving as co-placement agents [2]. - The offering was conducted under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) and a Canadian short form base shelf prospectus [4]. Group 2: Use of Proceeds - The net proceeds from the offering are intended for general corporate purposes, including funding new product capabilities, growth initiatives, working capital, and ongoing development and marketing of core products [3]. Group 3: Company Overview - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation in the industry [7]. - The company provides solutions for various sectors, including public safety, agriculture, industrial inspections, security, mapping, and surveying [7].
Draganfly Announces Pricing of US$50.0 Million Registered Direct Offering
Globenewswire· 2026-02-26 01:50
Core Viewpoint - Draganfly Inc. has announced a registered direct offering of 7,150,000 common shares at a price of US$7.00, aiming for gross proceeds of approximately US$50.0 million before expenses [1]. Group 1: Offering Details - The offering is being led by Maxim Group LLC, with Raymond James Ltd. and Ladenburg Thalmann & Co. Inc. as co-placement agents [2]. - The expected closing date for the offering is around February 27, 2026, pending customary closing conditions [3]. - The offering is subject to regulatory approvals from the Canadian Securities Exchange and notification to the Nasdaq Stock Market [4]. Group 2: Use of Proceeds - Draganfly intends to utilize the net proceeds for general corporate purposes, including funding new product capabilities, growth initiatives, working capital, and ongoing development and marketing of core products [3]. Group 3: Regulatory Compliance - The offering is made under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission and the Company's Canadian short form base shelf prospectus [5]. - A prospectus supplement will be filed with relevant securities commissions in Canada and the SEC in the U.S. [6]. Group 4: Company Overview - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation in various sectors including public safety, agriculture, and industrial inspections [8].
Abits Group Inc Announces $2.1 Million Registered Direct Offering Priced at the Market Under Nasdaq Rules
Globenewswire· 2026-02-23 14:00
Core Viewpoint - Abits Group Inc has announced a registered direct offering with institutional investors for approximately $2.1 million in Ordinary Shares and pre-funded warrants at a price of $2.65 per share [1][3]. Group 1: Offering Details - The offering includes the sale of 792,452 Ordinary Shares or Pre-Funded Warrants, with the public offering price set at $2.65 per Ordinary Share [2]. - Each Pre-Funded Warrant is priced at $2.64999, which is equivalent to the public offering price minus an exercise price of $0.00001 [2]. - The Pre-Funded Warrants are immediately exercisable and can be exercised at any time until fully exercised [2]. Group 2: Financial Proceeds and Use - The aggregate gross proceeds from the offering are expected to be approximately $2.1 million, with the transaction anticipated to close on or about February 24, 2026, pending customary closing conditions [3]. - The net proceeds from the offering, along with existing cash, are intended for general corporate purposes and working capital [3]. Group 3: Legal and Regulatory Information - Aegis Capital Corp is acting as the exclusive placement agent for the offering, while Kaufman & Canoles, P.C. and Lucosky Brookman LLP are serving as U.S. counsel for the Company and Aegis Capital Corp, respectively [4]. - The offering is being conducted under an effective shelf registration statement previously filed with the U.S. Securities and Exchange Commission (SEC) [4].
Bitdeer Announces Pricing of Registered Direct Offering of 5,503,030 Class A Ordinary Shares
Globenewswire· 2026-02-20 12:00
Core Viewpoint - Bitdeer Technologies Group has announced a registered direct offering of 5,503,030 Class A ordinary shares at a price of US$7.94 per share, aiming to raise approximately US$43.5 million in net proceeds, which will be used for various corporate purposes including debt repayment and business expansion [1][2][3]. Group 1: Offering Details - The registered direct offering is priced at US$7.94 per Class A ordinary share and is expected to close on February 26, 2026, subject to customary closing conditions [1]. - The net proceeds from the registered direct offering are estimated to be around US$43.5 million after deducting offering expenses [2]. - The offering is part of a broader financing strategy that includes a separate private offering of 5.00% Convertible Senior Notes due 2032, which could raise approximately US$315.1 million [2]. Group 2: Use of Proceeds - Bitdeer plans to allocate approximately US$29.2 million of the proceeds to cover the costs of capped call transactions [3]. - An estimated US$138.2 million will be used to repurchase US$135.0 million of its 5.25% convertible senior notes due 2029 [3]. - Remaining proceeds will be directed towards datacenter expansion, high-performance computing (HPC) and AI cloud business expansion, ASIC-based mining rig development, and general corporate purposes [3]. Group 3: Transaction Contingencies - The completion of the registered direct offering is contingent upon the successful completion of the notes offering and the note repurchase transactions [4]. - The notes offering is not contingent on the completion of the registered direct offering or the note repurchase transactions [4]. Group 4: Company Overview - Bitdeer Technologies Group is a leading technology company specializing in Bitcoin mining and AI infrastructure, providing comprehensive solutions including equipment procurement, datacenter design, and operations [7][8]. - The company is headquartered in Singapore and has deployed datacenters in various countries including the United States, Norway, and Bhutan [8].