EShallGo Inc. closed a registered direct offering on August 20, 2026, raising approximately $1.75 million in gross proceeds. The company issued 800,000 Class A ordinary shares at $1.00 per share and pre-funded warrants for an additional 950,000 shares at $0.99 each; these warrants were exercised immediately upon issuance. Univest Securities LLC served as the exclusive placement agent, receiving a 7% fee plus expense reimbursements capped at $50,000. Net proceeds will support working capital and general corporate purposes. Eshallgo Inc. operates in the technology sector, providing integrated office hardware, software, and AI-enabled enterprise solutions.
