CCSC Technology International Holdings Ltd. (Nasdaq: CCTG), a Hong Kong-based manufacturer and designer of interconnect products, has announced the pricing of a $7.06 million public offering. The offering consists of 11,766,627 Class A ordinary shares and 23,533,254 warrants to purchase the same number of shares. Each Class A ordinary share is being sold together with two warrants at a combined price of $0.60 per share and accompanying warrants. The warrants have an exercise price of $0.72 per share, representing 120% of the public offering price, and will expire five years from the date of issuance, subject to certain adjustments. The public offering is being conducted on a best-efforts basis.
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