What Drove Republic Power Group's Massive Rally On Thursday?

Benzinga_recent_news01-30

Republic Power Group Ltd (NASDAQ:RPGL) jumped 50.78% to $1.33 in after-hours trading on Thursday following the disclosure of a securities offering. The extended-hours gain followed a 173.86% increase ...

Source Link

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2607018955?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/files/images/story/2026/01/30/Market-up.jpeg?optimize=medium&dpr=2&auto=webp&width=240","is_english":true,"pubTime":"2026-01-30 15:42","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2607018955","market":"us","top_or_hot":-1,"title":"What Drove Republic Power Group's Massive Rally On Thursday?","media":"Benzinga_recent_news","content":"<div>\n<p>Republic Power Group Ltd (NASDAQ:RPGL) jumped 50.78% to $1.33 in after-hours trading on Thursday following the disclosure of a securities offering.\nThe extended-hours gain followed a 173.86% increase ...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/26/01/50256663/what-drove-republic-power-groups-massive-rally-on-thursday\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Drove Republic Power Group's Massive Rally On Thursday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Drove Republic Power Group's Massive Rally On Thursday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-30 15:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/equities/26/01/50256663/what-drove-republic-power-groups-massive-rally-on-thursday><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Republic Power Group Ltd (NASDAQ:RPGL) jumped 50.78% to $1.33 in after-hours trading on Thursday following the disclosure of a securities offering.\nThe extended-hours gain followed a 173.86% increase ...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/26/01/50256663/what-drove-republic-power-groups-massive-rally-on-thursday\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RPGL","symbol_name":"Republic Power Group","start_time":0,"source_url":"https://www.benzinga.com/markets/equities/26/01/50256663/what-drove-republic-power-groups-massive-rally-on-thursday","article_id":"2607018955","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/01/30/Market-up.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/equities/26/01/50256663/what-drove-republic-power-groups-massive-rally-on-thursday","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2607018955","pubTimestamp":1769758920,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Republic Power Group shares jumped more than 50% after hours after the company disclosed a best-efforts securities offering.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"RPGL":"Republic Power Group","BK4134":"信息科技咨询与其它服务","RSI":"Rush Street Interactive, Inc.","BK4150":"赌场与赌博"},"translate_title":"是什么推动了共和电力集团周四的大幅上涨？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RSI":1,"RPGL":1.5},"content_text":"Republic Power Group Ltd (NASDAQ:RPGL) jumped 50.78% to $1.33 in after-hours trading on Thursday following the disclosure of a securities offering.\nThe extended-hours gain followed a 173.86% increase in the regular session, which closed at $0.88, according to Benzinga Pro.\nThe company filed a prospectus on Tuesday, offering up to 50 million Class A ordinary shares at $0.20 each through a securities purchase agreement.\nThe offering has no minimum purchase requirement. According to the Securities and Exchange Commission filing, the company stated investors “will not receive a refund in the event that we do not sell a number of securities sufficient to pursue the business goals outlined in this prospectus.”\nThe company noted that this is a \"best efforts\" offering, with no minimum purchase requirement.\nThe Singapore-based technology company has a dual-class share structure, with each Class A ordinary share carrying one vote and each Class B ordinary share carrying 30 votes.\nThe filing stated that Chairman Hao Feng Ng controls over 50% of the voting power of the company's outstanding shares through the workplace wellness entity True Sage International Limited.\nRepublic Power's Relative Strength Index (RSI) stands at 66.26.\nThe company has a market capitalization of $15.40 million, with a 52-week high of $5.19 and a 52-week low of $0.23.\nThe stock has declined 82.29% over the past 12 months.\nCurrently, RPGL is positioned at approximately 13.10% of its 52-week range, much closer to its annual low than its high.\nThe stock's decline and weak positioning suggest that any signs of recovery would need clear confirmation before investors consider making significant moves.\nBenzinga’s Edge Stock Rankings indicate that RPGL has a positive price trend across all time frames.\nPhoto courtesy: Shutterstock\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2607018955","isCrawlerRequest":true}