Ostin Technology prices 41.67M shares at 12c in registered direct offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 30 2025
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Investment Agreement: Ostin Technology Group has entered into a definitive agreement with an institutional investor to sell 41,666,667 Class A ordinary shares at $0.12 per share, resulting in expected gross proceeds of approximately $5 million.
Transaction Details: The transaction is anticipated to close around July 1, 2025, pending customary closing conditions, with Univest Securities serving as the sole placement agent.
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.
