Raytech Holding Limited Closes $6.2 Million Registered Direct Offering

Corporate Action
โดย GlobeNewswire·Read original
Summary · why it matters

Raytech Holding Limited has closed a registered direct offering of 3,149,832 ordinary shares at $1.97 per share, generating gross proceeds of approximately $6.2 million before deducting placement agent fees and other expenses. The company intends to use the net proceeds for general corporate and working capital purposes, supporting its strategic expansion into personal health care electronics, and integration costs related to the acquisition of Worry Free Group (Hong Kong) Limited. CBC Securities Inc. acted as the exclusive placement agent for the offering.

Impact on stocks 1

Consumer Discretionary▲ · 1 stocks

Off-coverage companies 1

CBC Securities Inc.Private▲ Positive
Capitalrelevance

CBC Securities acted as exclusive placement agent, earning fees from the offering.

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