Huachen AI Parking Management Technology Holding Co., Ltd. Announces Pricing of $2.75 Million Registered Direct Offering
Huachen AI priced a registered direct offering of 2,750,000 Class A ordinary shares, each sold with an ordinary warrant attached, at $1.00 per share-and-warrant unit for expected gross proceeds of roughly US$2.75 million. Each warrant is immediately exercisable at US$1.00 and expires on the third anniversary of issuance, adding warrant shares equal to the offering size, and the strike carries customary anti-dilution adjustments that could lower it. Maxim Group LLC is acting as sole placement agent, and the deal is expected to close on or about September 16, 2026 under the company's Form F-3 shelf declared effective June 12, 2026.
Key figures
- Deal Value Usd
- 2750000
- Offering Price
- 1
- Shares Offered
- 2750000
- Structure
- 1 share + 1 warrant per unit at $1.00
- Warrant term
- expires on the third anniversary of issuance
- Warrant shares
- 2750000
- Warrant exercise price
- 1
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