Chaince Securities, LLC to Serve as Exclusive Sales Agent for CL Workshop Group Limited’s (NASDAQ: NWGL) Up to US$200 Million At-the-Market Offering Program
Chaince Securities, the FINRA-registered broker-dealer subsidiary of Chaince Digital Holdings (NASDAQ: CD), has been engaged as exclusive sales agent for a up to US$200 million at-the-market offering program by CL Workshop Group Limited (NASDAQ: NWGL). Under the September 30, 2026 sales agreement, NWGL may sell American Depositary Shares (each representing eight Class A ordinary shares) from time to time at prevailing market prices, with no minimum offering amount and no obligation on either party to transact. NWGL intends to use any net proceeds for working capital, general corporate purposes and new product development.
Key figures
- Deal Value Usd
- 200000000
- Role
- exclusive sales agent
- Ads ratio
- each ADS represents eight Class A ordinary shares
- Atm program size
- up to US$200 million
AI analysis
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