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Aureus Greenway Holdings Inc. Announces Closing of $9.0 Million Private Placement
Globenewswire· 2026-03-11 20:00
Core Viewpoint - Aureus Greenway Holdings Inc. has successfully closed a private placement, raising approximately $9.0 million through the issuance of common stock and pre-funded warrants [1][2][5]. Group 1: Private Placement Details - The company issued a total of 3,009,667 shares of common stock and/or pre-funded common stock purchase warrants at a price of $3.00 per share, resulting in gross proceeds of about $9.0 million before fees [2]. - The pre-funded warrants are immediately exercisable at a nominal price of $0.001 per share and will expire only when fully exercised [4]. - The transaction was conducted under exemptions from registration requirements as per Section 4(a)(2) of the Securities Act of 1933 and Rule 506(b) of Regulation D [4]. Group 2: Use of Proceeds - The net proceeds from the private placement will be utilized for working capital and general corporate purposes, including expenses related to a proposed business combination with Autonomous Power Corporation [5]. Group 3: Company Overview - Aureus Greenway Holdings Inc. operates golf course properties in Florida, including Kissimmee Bay Country Club and Remington Golf Club in the greater Orlando region [8].
Aureus Greenway Holdings , Inc. Announces Closing of Twenty-Six Million Dollar Private Placement Priced At-The Market under Nasdaq Rules
Globenewswire· 2025-07-25 20:30
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].