Jiade Enters Agreement to Sell 12 Million Shares

Jiade announced that it has entered into an agreement with several investors for the purchase and sale of 12,000,000 of the company's Class A ordinary shares, par value $0.0001 per share at a purchase price of $0.25 per Share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.0001 per share. Pursuant to the Securities Purchase Agreement, entered into between the company and certain investors with respect to the Offering, the company and the investors have agreed to additional closings of up to 48,000,000 Shares on or before the 30th calendar day anniversary of the Initial Closing Date, if the investors exercise their option to purchase additional Shares by delivery of one or more written notices. The gross proceeds to the company of the Offering are expected to be approximately $3M. The transaction is expected to close on or about February 19, 2026, subject to the satisfaction of customary closing conditions. The Shares were sold pursuant to a shelf registration statement on Form F-3 previously filed by the company and declared effective by the U.S. Securities and Exchange Commission on January 13, 2026. The company may hold one or more closings until the maximum numbers Shares are sold or the offering is terminated. Univest Securities, LLC is acting as the sole placement agent.