Baosheng Media Group Holdings ( (BAOS) ) has issued an update.

On July 9, 2026, Baosheng Media Group Holdings entered into a subscription agreement with ANRUITAI INVESTMENT LIMITED for a private placement of 1,280,000 ordinary shares at $0.52 per share, raising $665,600. The transaction is structured as an offshore Regulation S offering to a non-U.S. investor, and ANRUITAI will regain its status as the company’s principal shareholder upon closing, bringing Baosheng’s total outstanding share count to 33,114,487 and signaling a renewed commitment from a key strategic holder.

The closing date of the PIPE transaction will be set by mutual agreement between the company and the investor, with the newly issued shares remaining unregistered under the U.S. Securities Act and relying on an exemption from registration. For Baosheng, the deal modestly strengthens its equity base without tapping U.S. public markets, while potentially stabilizing its shareholder structure and aligning governance with the interests of its reinstated controlling investor.