Lianhe Sowell follow-on offering includes warrants exercisable at USD 1.66 per share
LHSW•Follow-on offering details
Lianhe Sowell closed an $11 million follow-on offering of 7,638,889 units priced at USD 1.44 each.
Each unit included three 6-month warrants to buy one Class A ordinary share at USD 1.66.
Potential share issuance from warrants
Warrant exercise could issue up to 22,916,667 Class A ordinary shares.
