Ridgetech Inc. (RDGT) Form 424B5 — Jul 29, 2026
Ridgetech Inc. has filed a prospectus supplement to sell up to $184,720,213 of ordinary shares through an at-the-market offering program managed by Pacific Century Securities, LLC. The agreement replaces a prior arrangement with AC Sunshine Securities LLC and allows the company to sell shares at market prices, subject to a 3.5% commission on gross proceeds. The offering follows a 1-for-150 reverse stock split effective in April 2026 and a corporate restructuring that shifted the company's focus to wholesale pharmaceutical distribution in China.
Key figures
- Gross Proceeds
- $184,720,213
- Offering Price
- $1.23
- Shares Offered
- 150,179,035
- Commission rate
- 3.5%
- Reverse split ratio
- 1-for-150
- Shares outstanding before
- 3,629,540
- Pro Forma net tangible book value per share
- $1.43
Price after filing
Close on the filing date to close N calendar days later (from $0.77). Historical, not a forecast.
AI analysis
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