Republic Power Group closes US$15 million follow-on share offering at US$1 per share
RPGL•Follow-on offering closes
Republic Power Group closed a registered follow-on offering of 15,000,000 Class A ordinary shares at US$1 per share.
Gross proceeds totaled US$15 million; net proceeds were about US$14.56 million.
Timing and intended use of proceeds
The securities purchase agreement was signed Aug. 3, 2026; the offering closed Aug. 4, 2026.
Proceeds are earmarked for R&D, business expansion, commercialization, hiring, general corporate purposes, and potential acquisitions.
