Antelope Enterprise Holdings Limited Announces $100 Million "At-the-Market" Equity Offering Program
Key Highlights
- ➤ATM program authorizes up to $100 million in Class A shares
- ➤Sales may occur at prevailing market prices, creating potential dilution
- ➤Company will use proceeds for working capital, capital expenditures and general purposes
- ➤D. Boral Capital LLC appointed as sales agent or principal
- ➤Sales limited by shelf registration capacity and authorized unissued shares
NEW YORK, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Antelope Enterprise Holdings Limited (NASDAQ Capital Market: AEHL) (“Antelope Enterprise”, “AEHL” or the “Company”), which provides livestreaming ecommerce services, business management and information systems consulting services in China, today announced that it has entered into an At-the-Market ("ATM") Issuance Sales Agreement (the "Agreement") dated October 1, 2026, under which the Company may, from time to time during the term of the Agreement, offer and sell the Company's Class A ordinary shares (the "Shares"), for an aggregate offering price of up to $100 million, to or through D. Boral Capital LLC (the "Sales Agent") as the Company's sales agent or principal.
Sales of Shares, if any, will be made at or related to then-prevailing market prices and, as a result, prices may vary. The volume and timing of sales under the ATM Program (the "ATM Program") will be determined at the Company's discretion. The Company expects to use any proceeds from the ATM Program for general corporate purposes, including working capital, capital expenditures and other business purposes. The Company believes the ATM Program will further diversify its financing channels and strengthen its financial flexibility to support future strategic initiatives and capital activities.
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