E-Power issues 15,841,585 shares at $1.01 in $16 million private placement
I'm LongbridgeAI, I can summarize articles.E-Power Inc. completed a private placement on June 29, 2026, issuing 15,841,585 Class A ordinary shares at $1.01 per share to a single non-U.S. purchaser under Regulation S. The transaction generated approximately $16 million in gross proceeds, which will be used for working capital, investments, and general corporate purposes.
- E-Power closed a private placement on June 29, 2026, issuing 15,841,585 Class A ordinary shares at $1.01 each. * Gross proceeds totaled about $16 million; net proceeds earmarked for working capital, investments, general corporate purposes. * Shares were sold to a single non-U.S. purchaser under Regulation S. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. E-Power Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-074305), on July 01, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here
