Lianhe Sowell International Group Ltd closed a best-efforts follow-on public offering on September 3, 2026, raising approximately $11 million in gross proceeds. The company sold 7,638,889 units at $1.44 per unit, with each unit comprising one Class A ordinary share and three warrants exercisable at $1.66 per share for six months. R. F. Lafferty & Co., Inc. served as the sole placement agent, receiving a 7% cash fee plus expenses. Proceeds will fund research and development for new products, market expansion, and general working capital. The company operates in the industrial machine vision and robotics solutions industry.
