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Univest Securities Closes $750,000 Registered Direct Offering for EShallGo
Univest Securities announced the closing of a registered direct offering of approximately $750,000 for its client EShallGo Inc. The offering consisted of 750,000 Class A ordinary shares, or pre-funded warrants in lieu thereof, at a price of $1.00 per share, resulting in aggregate gross proceeds of $750,000. Univest Securities acted as the sole placement agent for the transaction, which was conducted under a shelf registration statement previously declared effective by the SEC.