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.
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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.
