Financing ·
Mingteng International Corporation Inc. terminated its at-the-market (ATM) offering facility with AC Sunshine…
MTENMingteng International Corp Inc.
Mingteng International Corporation Inc. terminated its at-the-market (ATM) offering facility with AC Sunshine Securities LLC on June 8, 2026. Through this facility, the company issued 222,568,877 Class A ordinary shares, generating gross proceeds of approximately $20.6 million and net proceeds of approximately $18.0 million after a 3.5% commission and expenses. Net proceeds are intended for working capital, business development, and capital expenditures. The company operates in the education industry, providing tutoring and educational services.