E-Power prices $1.87 million registered direct share offering
EPOW•E-Power priced a registered direct offering expected to raise about $1.87 million in gross proceeds, including 229,097 Class A shares at $3.60 each and pre-funded warrants for 292,393 shares at $3.59 each.
1. Offering terms
The pre-funded warrants are exercisable immediately at $0.01 per share. E-Power plans to use net proceeds for working capital and general corporate purposes. Closing is targeted for about Sept. 30, 2026, subject to customary conditions.
