Sunrise New Energy Raises $5.6 Million in Private Placement

Reuters11-20

<a href="https://laohu8.com/S/EPOW">Sunrise New Energy</a> Raises $5.6 Million in Private Placement

Sunrise New Energy Co. Ltd. has completed a private placement, issuing 7,000,000 Class A ordinary shares and warrants to purchase up to 3,500,000 Class A ordinary shares to three purchasers. The securities were sold at a combined purchase price of $0.80 per share and one-half of one warrant, generating gross proceeds of approximately $5.6 million before offering expenses. The transaction was conducted in reliance on Rule 902 of Regulation S under the Securities Act of 1933, with purchasers representing that they were not U.S. residents or persons. The company plans to use the net proceeds for working capital and general corporate purposes.

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. Sunrise New Energy Co. Ltd. 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: 0001213900-25-112624), on November 19, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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