EShallGo Inc. (NASDAQ:EHGO) (the "Company"), a provider of integrated office and enterprise technology solutions, including AI-enabled tools, today announced that it has entered into securities purchase agreements with certain institutional investors for the purchase and sale of 750,000 Class A Ordinary Shares (the "Shares") (or pre-funded warrants in lieu thereof), at an offering price of $1.00 per share in a registered direct offering (the "Offering").
The gross proceeds to the Company from the registered direct offering are estimated to be approximately $750,000 before deducting the placement agent’s fees and other estimated offering expenses. The offering is expected to close on or about July 1, 2026, subject to the satisfaction of customary closing conditions.
Univest Securities, LLC is acting as the sole placement agent.
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