Republic Power Group Ltd (RPGL) Form 6-K — Nov 4, 2026
Republic Power Group Limited entered a securities purchase agreement on October 29, 2026 with True Sage International Limited, an affiliate wholly owned by board chairman Hao Feng Ng, to issue 25,000 Class B ordinary shares at $12.00 per share for gross proceeds of $300,000. The price represents a premium to the Class A trading range on Nasdaq, and the deal was approved and ratified by the audit committee and the full board on October 30, 2026. Closing is expected on or around November 5, 2026 under a Regulation S private placement exemption.
Key figures
- Gross Proceeds
- 300000
- Offering Price
- 12
- Shares Offered
- 25000
- Shares Outstanding
- 1,044,129 Class A ordinary shares and 1,874 Class B ordinary shares (pre-issuance)
- Expected closing
- on or around November 5, 2026
- Class B par value usd
- 8
- Authorized class A shares
- 625000000
- Authorized class B shares
- 62500000
- Affiliate voting power percent
- 72.02%
- Post issuance affiliate class B shares
- 26874
AI analysis
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