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.
Lianhe Sowell International Group Ltd Ordinary SharesLianhe Sowell priced an $11 million follow-on offering, raising capital for R&D, market expansion, and working capital.
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