-+ 0.00%
-+ 0.00%
-+ 0.00%
eLong Power prices US$6.6 million follow-on offering at US$0.40 per unit
Share
Listen to the news
eLong Power prices US$6.6 million follow-on offering at US$0.40 per unit
  • eLong Power priced a US$6.6 million best-efforts public offering of 16,500,000 units at US$0.4 per unit.
  • Each unit includes one Class A ordinary share, or a pre-funded warrant, plus a common warrant to buy one Class A share.
  • Common warrants are exercisable immediately at US$0.4, subject to anti-dilution adjustments, with a three-year term.
  • Closing is expected July 13, 2026, subject to customary conditions.
  • Net proceeds are earmarked for working capital, general corporate purposes, product development, production capacity expansion.


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. eLong Power Holding 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: 0001493152-26-033039), on July 13, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending