Decent Holding Inc. Announces Pricing of $1.23 Million Follow-on Offering
Key Highlights
- ➤Decent Holding (DXST) prices 822,828 shares or pre-funded warrants at $1.50 each
- ➤Offering gross proceeds expected at approximately $1.23 million before expenses
- ➤Unregistered warrants cover 822,828 Class A shares with a $1.50 exercise price
- ➤Offering expected to close around October 5, 2026, subject to customary conditions
- ➤Net proceeds targeted for working capital and general corporate purposes
YANTAI, China, Oct. 02, 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 that it has entered into a securities purchase agreement (the “Securities Purchase Agreement”) with 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 gross proceeds from the offering of the Class A Ordinary Shares (or pre-funded warrants in lieu thereof) are expected to be approximately $1.23 million, before deducting placement agent fees and other offering expenses.
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