Tian Ruixiang Holdings Raises $5.2 Million in Direct Offering of Shares and Pre-Funded Warrants

Reuters
Yesterday
<a href="https://laohu8.com/S/TIRX">Tian Ruixiang</a> Holdings Raises $5.2 Million in Direct Offering of Shares and Pre-Funded Warrants

Tian Ruixiang Holdings Ltd. has entered into a definitive agreement with certain investors for the purchase and sale of 40,003,076 Class A ordinary shares, or pre-funded warrants in lieu thereof, at a price of $0.13 per share in a registered direct offering. The pre-funded warrants have an exercise price of $0.125 per share. The offering is expected to generate approximately $5.2 million in gross proceeds, with the transaction scheduled to close on or about January 30, 2026, subject to customary closing conditions. The company intends to use the proceeds for working capital and general corporate purposes.

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