TIRX

Acquisition Announcement: TIAN RUIXIANG Holdings Ltd. has entered into a definitive agreement to acquire REN Talents Inc., issuing 3,211,010 Class A ordinary shares at $2.18 each, with the transaction expected to close around November 5, 2025.

REN Talents Overview: REN Talents Inc. is a creative brand agency founded in 2021, specializing in brand strategy and marketing for clients in fashion, beauty, lifestyle, and technology, with offices in New York and Paris.

Strategic Expansion: The acquisition is part of TRX's globalization strategy, aiming to diversify its international presence beyond insurance and integrate services into consumer lifestyle sectors, enhancing customer engagement.

Company Background: TIAN RUIXIANG Holdings Ltd. is an insurance broker based in Beijing, offering a variety of insurance products, while REN Talents Inc. is recognized for its strong reputation in bridging Eastern and Western creative industries.

Securities Offering Announcement: TIAN RUIXIANG Holdings Ltd. has entered into a securities purchase agreement for the sale of 2,000,000 Class A ordinary shares and warrants, aiming to raise approximately $3 million at a price of $1.50 per share, with the offering expected to close around October 14, 2025.

Use of Proceeds: The company plans to utilize the net proceeds from the offering for working capital and general corporate purposes, with the offering being conducted under an effective registration statement with the SEC.