Solowin Holdings Raises $11.5 Million in Private Placement

Reuters
2025.11.26 22:00
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Solowin Holdings Ltd. raised $11.5 million through a private placement with two institutional investors, issuing 3,782,895 class A ordinary shares at $3.04 per share. The shares have a six-month lock-up period and include registration rights. Funds will be used for working capital and corporate purposes. The transaction was exempt from registration under Section 4(a)(2) of the Securities Act and Regulation S.