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Paranovus Entertainment Technology Limited closed a $10 million registered direct offering on June 16, 2026…

PAVSParanovus Entertainment Technology Ltd.

Paranovus Entertainment Technology Limited closed a $10 million registered direct offering on June 16, 2026, consisting of 9,300,000 Class A ordinary shares at $0.20 per share and 40,700,000 pre-funded warrants at $0.1999 per warrant. The company intends to use the net proceeds for working capital and general corporate purposes. Paranovus Entertainment Technology Limited operates in the entertainment technology industry and provides technology-driven entertainment services.

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