Smart Powerr Corporation Raises $22.2 Million in Private Placement

Reuters11-14

Smart Powerr Corporation Raises $22.2 Million in Private Placement

Smart Powerr Corporation has announced the closing of a private placement with accredited investors, resulting in the sale of 17,000,000 units, each consisting of one share of common stock and one warrant to purchase an additional share. The transaction, which was not registered under the Securities Act and relied on exemptions for private offerings, was finalized on November 10, 2025. Following an amendment to the securities purchase agreement, the per unit purchase price was set at $1.305, raising total gross proceeds of $22,185,000 for the company. The securities were offered exclusively to accredited investors or non-U.S. persons, with no public solicitation or advertising involved.

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. Smart Powerr Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-110369), on November 14, 2025, and is solely responsible for the information contained therein.

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