---
title: "Smart Powerr Raises $2 Million in Registered Direct, Selling 4.5M Shares at $0.45"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287363325.md"
description: "Smart Powerr has raised $2 million through a registered direct equity offering, selling 4.5 million shares at $0.45 each. The company has granted investors an option to purchase an additional 4.5 million shares within 30 days. Univest Securities acted as the exclusive placement agent, earning an 8% fee on gross proceeds. The funds will be used for working capital and general corporate purposes."
datetime: "2026-05-22T12:33:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287363325.md)
  - [en](https://longbridge.com/en/news/287363325.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287363325.md)
generator: "portal-rs"
---

# Smart Powerr Raises $2 Million in Registered Direct, Selling 4.5M Shares at $0.45

Smart Powerr executed financing agreements to complete a registered direct equity raise and to engage a placement agent. The company sold 4,500,000 shares at $0.45 per share for approximately $2 million in gross proceeds, with an investor option to purchase an additional 4,500,000 shares within 30 days. Univest Securities served as exclusive placement agent, earning an 8% fee on gross proceeds plus up to $30,000 in expenses. Smart Powerr agreed to short-term issuance and variable-rate restrictions following the closing.

**Agreement 1: Smart Powerr Raises $2 Million in Registered Direct, Selling 4.5M Shares at $0.45**

-   **Agreement type**: Securities purchase agreement for registered direct equity offering
-   **Counterparty**: Institutional investors
-   **Signed / Effective**: May 19 2026 / May 20 2026
-   **Duration / Termination**: At will
-   **Reason**: Raise working capital and general corporate purposes

**Agreement 2: Smart Powerr Engages Univest Securities as Exclusive Placement Agent for Equity Offering**

-   **Agreement type**: Placement agency agreement for registered direct offering
-   **Counterparty**: Univest Securities
-   **Signed / Effective**: May 19 2026 / May 19 2026
-   **Duration / Termination**: At will
-   **Reason**: Facilitate placement and distribution of equity offering

Original SEC Filing: Smart Powerr Corp. \[ CREG \] - 8-K - May. 22, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**