Ostin Technology Group Co. Ltd. Announces $5 Million Registered Direct Offering with Institutional Investor

Reuters

07-02

Ostin Technology Group Co. Ltd. Announces $5 Million Registered Direct Offering with Institutional Investor

Ostin Technology Group Co., Ltd., a leading supplier of display modules and polarizers based in China, has announced a $5 million registered direct offering. The company has entered into an agreement with a single institutional investor for the sale of 41,666,667 Class A ordinary shares, or pre-funded warrants, at a price of $0.12 per share. The transaction is expected to close around July 1, 2025, pending customary closing conditions. Univest Securities, LLC is acting as the sole placement agent for the offering. The registered direct offering is being conducted under a shelf registration statement previously filed with and declared effective by the U.S. Securities and Exchange Commission.

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. Ostin Technology Group Co. 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: 0001213900-25-060348), on July 01, 2025, and is solely responsible for the information contained therein.

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