Aurora Mobile Issues Three-Year Warrants to PAG Pegasus for Up to 725,000 ADSs

Reuters02-11 20:00
<a href="https://laohu8.com/S/JG">Aurora Mobile</a> Issues Three-Year Warrants to PAG Pegasus for Up to 725,000 ADSs

Aurora Mobile Ltd. has announced the issuance of three-year warrants to PAG Pegasus Fund as part of a strategic partnership. The warrants grant PAG Pegasus the right to purchase up to 725,000 American depositary shares (ADSs) at an exercise price of $13.80 per ADS, representing an approximately 85% premium over the company's recent average closing price. If fully exercised, the warrants would provide Aurora Mobile with gross proceeds of $10 million. The partnership aims to leverage Aurora Mobile's data capabilities to support data- and AI-driven investment strategies.

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. Aurora Mobile Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9652800-en) on February 11, 2026, 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.

Comments

We need your insight to fill this gap
Leave a comment