eLong Power prices offering with common warrants exercisable at US$ 0.12
ELPW•Offering priced
eLong Power priced a best-efforts offering of 11,466,666 units at US$ 0.12 per unit, with each unit including a common warrant.
Common warrants become immediately exercisable at US$ 0.12 and expire on the third anniversary of issuance.
Expected proceeds and closing
Gross proceeds are expected to be about US$ 1.38 million. Closing is expected on Aug. 4, 2026.
