Neo-Concept launches $2 million registered direct offering

  • Neo-Concept entered agreements for a registered direct offering of 2 million Class A shares or warrants.
  • The offering price is $1.00 per share, with estimated gross proceeds of approximately $2.0 million.
  • The offering is expected to close on or about October 1, 2026, subject to customary conditions.

Neo-Concept International Group Holdings Ltd (NASDAQ: NCI) has entered into securities purchase agreements with certain institutional investor for a registered direct offering of 2,000,000 Class A ordinary shares, or pre-funded warrants (securities paid for upfront before exercise), at $1.00 per share or $0.99 per warrant. The purchaser may acquire up to 200% additional shares and/or warrants at the same price within 60 days, subject to conditions. Gross proceeds are estimated at approximately $2.0 million before fees and expenses, with closing expected around October 1, 2026. Univest Securities, LLC is the sole placement agent, and the offering is being conducted under an effective Form F-3 shelf registration statement filed with the SEC (U.S. securities regulator).

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