Core Viewpoint - Park Ha Biological Technology Co., Ltd. has successfully completed a follow-on public offering, raising approximately US$2.45 million to support its expansion efforts in China [1][3]. Group 1: Offering Details - The company closed a best-efforts follow-on public offering of 21,875,000 units at an offering price of US$0.112 per unit [1]. - Each unit consists of one Class A ordinary share and one warrant to purchase one Class A ordinary share, with an exercise price of US$0.112 [2]. - The warrants are exercisable starting from the issuance date and will expire one year after the issuance [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for the expansion of directly operated stores in China, with specific allocations depending on market conditions [3]. Group 3: Company Overview - Park Ha Biological Technology Co., Ltd. was established in 2016 and focuses on developing its private skincare label and promoting franchise alliances under the brand "Park Ha" [5]. - As of April 30, 2025, the company operates three directly operated stores and has 39 franchisees in China [5]. - The company offers a "light beauty experience" as a value-added service in its stores, enhancing customer satisfaction [5].

Core Viewpoint - Park Ha Biological Technology Co., Ltd. has announced a follow-on public offering of 21,875,000 units at a price of US$0.112 per unit, aiming to raise approximately US$2.45 million for store expansion in China [1][3][4]. Group 1: Offering Details - Each unit consists of one Class A ordinary share and one warrant to purchase one Class A ordinary share at an exercise price of US$0.112, exercisable for one year from the issuance date [2]. - The offering is expected to close on or about January 28, 2026, pending customary closing conditions [4]. Group 2: Company Overview - Park Ha Biological Technology Co., Ltd. was established in 2016 and focuses on developing its private skincare label and direct sales of skincare products under the brand "Park Ha" [6]. - As of April 30, 2025, the company operates three directly operated stores and has 39 franchisees in China, providing a "light beauty experience" as a value-added service [6].

Core Points - Park Ha Biological Technology Co., Ltd. will change its ticker symbol from "PHH" to "BYAH" effective October 28, 2025 [1][2] - The change is intended to prevent confusion with a delisted company that previously used the same symbol and aims to enhance the Company's long-term brand influence and value [2] Company Overview - Established in 2016, Park Ha Biological Technology Co., Ltd. focuses on developing its private skincare label and promoting direct skincare product sales and franchise alliances under the brand "Park Ha" [4] - As of April 30, 2025, the Company operates three directly operated stores and has 39 franchisees in China, with 38 operating under "Park Ha" and one under "Geni" [4] - The Company offers a "light beauty experience," a complimentary after-sales beauty service in its stores, to add value to its products [4]