Raytech Holding Limited, a company based in Hong Kong and listed on NASDAQ under the ticker RAY, has announced the pricing of a public offering of its ordinary shares. The company will be offering 25,985,000 ordinary shares at a price of $0.20 per share, aiming to raise approximately $5.197 million in gross proceeds before expenses. The offering is set to close on July 1, 2025, pending customary conditions. R.F. Lafferty & Co., Inc. is serving as the sole placement agent for this transaction, with Loeb & Loeb LLP acting as counsel for the company and Zarif Law Group P.C. representing the placement agent on U.S. securities law matters.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Raytech Holding Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-061207), on July 03, 2025, and is solely responsible for the information contained therein.