On June 11, 2026, Li Bang International Corporation Inc. entered into Amendment No. 1 to its sales agreement with AC Sunshine Securities LLC, increasing the aggregate offering price of its at-the-market offering program from $20 million to $60 million. The company will pay the sales agent a commission of 3.5% of gross proceeds. As of April 1, 2026, $9.3 million in Class A ordinary shares had been sold under the original agreement. Net proceeds are intended for general corporate purposes, including working capital, capital expenditures, and potential acquisitions. The company operates in the consumer goods industry, specializing in the production and sale of various products in China.
