Ping An Biomedical Co. Ltd. has entered into securities purchase agreements with certain accredited investors for a private placement of 100 million ordinary shares at $0.04 per share, raising a total of $4 million. The transaction, exempt from registration under the Securities Act of 1933, is expected to close within three business days, pending the satisfaction or waiver of customary closing conditions. The shares will be subject to transfer restrictions and have not been registered for public sale in the United States.
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. Ping An Biomedical Co. 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: 0001213900-26-015618), on February 12, 2026, and is solely responsible for the information contained therein.