EShallGo Inc. Announces Pricing of $1.75 million Registered Direct Offering

Shanghai, China, Aug. 19, 2026 (GLOBE NEWSWIRE) -- EShallGo Inc. (NASDAQ: EHGO) (the "Company"), a provider of integrated office and enterprise technology solutions, including AI-enabled tools, today announced that it has entered into securities purchase agreements with certain institutional investors for the purchase and sale of 1.75 million Class A Ordinary Shares (the “Shares”) (or pre-funded warrants in lieu thereof), at an offering price of $1.00 per share in a registered direct offering (the “Offering”).

The gross proceeds to the Company from the registered direct offering are estimated to be approximately $1.75 million before deducting the placement agent’s fees and other estimated offering expenses. The offering is expected to close on or about August 20, 2026, subject to the satisfaction of customary closing conditions.