Origin Agritech Limited has announced the approval and execution of a private placement involving the sale of up to 2,000,000 ordinary shares at a price of $1.40 per share, for total projected gross proceeds of $2,800,000. The company entered into Securities Purchase Agreements with two individual investors and one investment company, with payments to be made in two installments in February and August 2026. The proceeds from this unregistered sale, conducted under an exemption from the Securities Act of 1933, will be used for general working capital and to expand research and development activities. The ordinary shares issued are classified as restricted securities.
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. Origin Agritech Limited 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: 0001104659-26-009252), on February 02, 2026, and is solely responsible for the information contained therein.