Ostin Technology announces $5M registered direct offering; shares down over 55%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 30 2025
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Source: SeekingAlpha
Direct Offering Details: Ostin Technology Group has entered into a $5M registered direct offering with an institutional investor, involving 41.67 million Class A ordinary shares priced at $0.12 each, with pre-funded warrants having an exercise price of $0.001 per share.
Market Reaction: Following the announcement, OST shares experienced a significant decline of 55.7% on Monday, with the transaction expected to close around July 1, 2025, and proceeds aimed at supporting ongoing operations and strategic initiatives.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
