Decent Holding Inc. Announces Closing of $1.23 Million Follow-on Offering
Key Highlights
- ➤$1.23 million gross proceeds raised in Decent Holding’s follow-on offering
- ➤822,828 Class A shares or pre-funded warrants sold at $1.50 each
- ➤Warrants issued for up to 822,828 shares with a $1.50 exercise price
- ➤Net proceeds intended for working capital and general corporate purposes
YANTAI, China, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Decent Holding Inc. (NASDAQ: DXST) (the “Company”), a technology-driven provider of wastewater treatment and community-based senior health and elderly care services in China, today announced the closing of its previously announced follow-on offering to an institutional investor for the sale of (i) in a registered direct offering, 822,828 Class A ordinary shares, par value of $0.0025 per share, of the Company (the “Class A Ordinary Shares”) or, in lieu thereof, pre-funded warrants, at a purchase price of $1.50 per share; and (ii) in a concurrent private placement, unregistered warrants (the “Unregistered Warrants”) to purchase up to 822,828 Class A Ordinary Shares, with an exercise price of $1.50 per share (together, the “Securities”). The offering closed on October 05, 2026.
The gross proceeds from this offering were approximately $1.23 million, before deducting placement agent fees and other offering expenses.
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