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Lianhe Sowell International Group Ltd Ordinary Shares

Lianhe Sowell International Group Ltd operates through subsidiaries in the People's Republic of China, engaging in electronic product trading and software development. Its offerings include industrial machine vision and artificial intelligence applications such as face recognition and AI behavior analysis. The company also provides intelligent weak current products, including building intelligence, and intelligent transportation systems such as license plate recognition, highway toll, parking management, and speeding capture systems. Additional products include a container number identification system, nine-axis linkage spray painting robots, a nano-scale high-temperature steam car-washing machine, and a gas station service robot. It is also involved in enterprise management services and the trading of painting robots. Incorporated in 2023, the company is based in Shenzhen, China.

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Lianhe Sowell Prices $11 Million Follow-on Public Offering

Lianhe Sowell International Group Ltd., a Chinese provider of industrial machine vision products and solutions, announced the pricing of its best-efforts follow-on public offering of 7,638,889 units at $1.44 per unit, for total gross proceeds of $11,000,000.16 before expenses. Each unit consists of one Class A ordinary share and three warrants, each warrant exercisable for one Class A ordinary share at $1.66 per share, with a six-month term. The offering is expected to close on or about September 3, 2026, with R. F. Lafferty & Co., Inc. acting as sole placement agent. Proceeds will fund research and development for new products, market expansion, general corporate purposes, and working capital.
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