Chaince Securities, LLC to Serve as Exclusive Sales Agent for CL Workshop Group Limited’s (NASDAQ: NWGL) Up to US$200 Million At-the-Market Offering Program
Key Highlights
- ➤NWGL may sell up to US$200 million of ADSs through an ATM offering
- ➤Chaince Securities appointed exclusive sales agent for NWGL’s ATM program
- ➤NWGL will use any proceeds for working capital, corporate purposes and product development
- ➤No assurance exists that any ADSs will be sold under the program
- ➤Chaince Digital Holdings (CD) owns Chaince Securities, the appointed agent
New York, NY, Oct. 15, 2026 (GLOBE NEWSWIRE) -- Chaince Securities, LLC (“Chaince”), a FINRA-registered broker-dealer and wholly owned subsidiary of Chaince Digital Holdings Inc. (NASDAQ: CD), today announced that it has been engaged as the exclusive sales agent for the at-the-market (“ATM”) equity offering program of CL Workshop Group Limited (NASDAQ: NWGL) (the “Company”), a British Virgin Islands-incorporated holding company headquartered in Macau whose operations are conducted in Peru, France and Macau through its operating subsidiaries and which is principally engaged in forest management, harvesting, and the processing, manufacturing and distribution of wood products.
The engagement is made pursuant to an at-the-market sales agreement dated as of September 30, 2026 (the “Sales Agreement”), under which the Company may offer and sell, from time to time, American Depositary Shares of the Company (the “ADSs”), each representing eight Class A ordinary shares of the Company, having an aggregate offering price of up to US$200 million through Chaince, as the sales agent.
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