Financing ·
Julong Holding raises $897,750 via private placement of 750,000 shares and pre-funded warrants
JLHLJulong Holding Ltd
Julong Holding Limited entered into a securities purchase agreement on September 28, 2026, for a private placement of Class A ordinary shares and pre-funded warrants. The company issued 750,000 initial shares at $0.30 per share and 2,250,000 pre-funded warrants at $0.299 each, generating gross proceeds of $897,750 with net proceeds of approximately $828,000 after offering expenses. The pre-funded warrants carry an exercise price of $0.001 per share and are immediately exercisable until fully exercised. The transaction is expected to close on or about September 29, 2026, subject to customary conditions precedent. Julong Holding Limited operates in the intelligent integrated solutions industry, providing security, fire protection, parking, and city management systems for public utilities and commercial properties in China.