Garden Stage Ltd. has announced that it has entered into a securities purchase agreement with certain investors for a private placement of 47,961,831 Class A ordinary shares at a subscription price of US$0.1251 per share. The gross proceeds from the offering are expected to total US$6 million. Investors in the private placement have agreed to a 60-day lock-up restriction. The transaction is anticipated to close by the end of January 2026, subject to the satisfaction or waiver of closing conditions. The company intends to use the proceeds for 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. Garden Stage 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: 0001213900-26-004501), on January 15, 2026, and is solely responsible for the information contained therein.
Comments