Quhuo Raises $9.88 Million in Direct Offering of 20 Million ADS

Reuters

Feb 12

Quhuo Raises $9.88 Million in Direct Offering of 20 Million ADS

Quhuo Ltd. has entered into a securities purchase agreement with several purchasers for the issuance and sale of 20,000,000 American Depositary Shares (ADS), each representing 900 Class A ordinary shares, at a purchase price of $0.494 per ADS in a registered direct offering. The transaction is expected to close on February 12, 2026, with anticipated gross proceeds of approximately $9.88 million before expenses. The company plans to use the net proceeds for working capital and general corporate purposes. Following the transaction, Quhuo Ltd.'s total outstanding shares will be approximately 22,778,561,139, including Class A, Class B, and Class C ordinary shares.

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. Quhuo 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: 0001213900-26-014926), on February 11, 2026, and is solely responsible for the information contained therein.

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ID: 0001213900-26-014926), on February 11, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QH","symbol_name":"趣活","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260211:nNDL2nQMr0:1","article_id":"2610969275","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2610969275","pubTimestamp":1770845534,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Quhuo Ltd. has entered into a securities purchase agreement with several purchasers for the issuance and sale of 20,000,000 American Depositary Shares , each representing 900 Class A ordinary shares, at a purchase price of $0.494 per ADS in a registered direct offering. 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Quhuo Ltd. published the original ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"QH":"趣活","BK4137":"综合支持服务"},"translate_title":"趣活通过直接发行2000万份广告筹集988万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QH":0.9},"content_text":"Quhuo Raises $9.88 Million in Direct Offering of 20 Million ADS\n    \n\n        Quhuo Ltd. has entered into a securities purchase agreement with several purchasers for the issuance and sale of 20,000,000 American Depositary Shares (ADS), each representing 900 Class A ordinary shares, at a purchase price of $0.494 per ADS in a registered direct offering. The transaction is expected to close on February 12, 2026, with anticipated gross proceeds of approximately $9.88 million before expenses. The company plans to use the net proceeds for working capital and general corporate purposes. 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