• Jiade priced registered direct offering of up to USD 12 million of Class A ordinary shares at USD 0.24 per share.
• Initial closing set for about May 5, 2026 for USD 3.36 million; second closing for USD 8.64 million due no later than June 30, 2026.
• Second closing conditioned on share consolidation plus amendment to amended and restated memorandum and articles of association.
• Net proceeds earmarked for general corporate purposes, including working capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jiade Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-057166), on May 07, 2026, and is solely responsible for the information contained therein.