OFA Group (Nasdaq: OFAL) has announced the initial closing of a private investment in public equity $(PIPE)$ financing of up to $50 million, led by Greentree Financial Group and TriCore Foundation. The transaction, which involves the sale of Series A Convertible Preferred Shares in multiple tranches pending stockholder approval, aims to enhance OFA Group's balance sheet and support its growth initiatives. Proceeds from the PIPE will be used to expand the company's proprietary AI tools, advance its real-world asset (RWA) platform, and fund ongoing architectural and technology projects in North America and Asia. The participation of TriCore Foundation, established by the company's founders, underscores strong alignment between leadership and shareholders.
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. OFA Group published the original content used to generate this news brief on November 05, 2025, and is solely responsible for the information contained therein.
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