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.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tian Ruixiang Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-007806), on January 29, 2026, and is solely responsible for the information contained therein.