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.
Eshallgo Inc.EShallGo raised $750,000 through a registered direct offering, providing capital.