---
title: "Republic Power Group closes US$15 million follow-on share offering at US$1 per share"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295018471.md"
description: "Republic Power Group closed a US$15 million follow-on share offering of 15,000,000 Class A ordinary shares at US$1 per share. Net proceeds amounted to approximately US$14.56 million. The transaction, signed on August 3, 2026, and closed on August 4, 2026, will fund R&D, business expansion, commercialization, hiring, general corporate purposes, and potential acquisitions."
datetime: "2026-08-05T21:22:46.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295018471.md)
  - [en](https://longbridge.com/en/news/295018471.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295018471.md)
generator: "portal-rs"
---

# Republic Power Group closes US$15 million follow-on share offering at US$1 per share

-   Republic Power Group closed a registered follow-on offering of 15,000,000 Class A ordinary shares at US$ 1 per share. \* Gross proceeds totaled US$ 15 million; net proceeds were about US$ 14.56 million. \* The securities purchase agreement was signed Aug. 3, 2026; the offering closed Aug. 4, 2026. \* Proceeds earmarked for R&D, business expansion, commercialization, hiring, general corporate purposes, potential acquisitions. 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. Republic Power Group Ltd. 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: 0001213900-26-085681), on August 05, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

### Related Stocks

- [RPGL.US](https://longbridge.com/en/quote/RPGL.US.md)

## Related News & Research

- [Republic Power answers shareholder questions ahead of Aug. 24 extraordinary meeting](https://longbridge.com/en/news/295448727.md)
- [Republic Power Group closes USD 285,000 convertible note financing with Dune Equity Holdings](https://longbridge.com/en/news/294872330.md)
- [Xylem sets quarterly distribution at R$ 0.75 per unit for 3Q 2026](https://longbridge.com/en/news/296117630.md)
- [HAV Group schedules Q2 2026 results webcast presentation](https://longbridge.com/en/news/296448086.md)
- [Kreditbanken posts 2026 half-year report release](https://longbridge.com/en/news/296349936.md)

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