VisionSys AI Launches $3 Million ADS Direct Offering at $1
VisionSys AI entered agreements to sell 3,000,000 American Depositary Shares at $1.00 each, raising gross proceeds of $3 million before fees. The registered direct offering is set to close on March 30, 2026, under its Form F-3 shelf registration effective August 21, 2025.
1. Offering Terms
VisionSys AI entered agreements to sell 3,000,000 American Depositary Shares or pre-funded warrants at $1.00 each to institutional investors, generating gross proceeds of approximately $3 million.
2. Proceeds and Use
Gross proceeds before placement agent fees and expenses will help fund ongoing development of its brain-machine interaction services, support operational needs and extend its cash runway.
3. Closing Timeline
The offering is scheduled to close on or around March 30, 2026, contingent on satisfaction of customary closing conditions outlined in the purchase agreements.
4. Placement Agent and Registration
Univest Securities, LLC is serving as the sole placement agent, with the offering conducted under VisionSys AI’s F-3 shelf registration statement, effective August 21, 2025.