Mint Incorporation Limited has closed its previously announced registered public offering on a best-efforts basis, raising approximately $2.5 million in gross proceeds. The company issued 1.4 million Class A ordinary shares at $1.00 per share and pre-funded warrants for up to 1.1 million shares, priced at $0.999 each, which have been fully exercised as of the announcement date. Following the news, MIMI shares fell 25% in post-market trading.
Mint Incorporation Limited Class A Ordinary SharesMint closed a $2.5M best-efforts public offering, diluting shareholders and sending MIMI shares down 25%.
