Financing ·
TOYO Co., Ltd. consummated a $50 million registered direct offering on June 25, 2026, issuing 4,545,456 ordinary…
TOYOTOYO Co., Ltd
TOYO Co., Ltd. consummated a $50 million registered direct offering on June 25, 2026, issuing 4,545,456 ordinary shares and an equal number of purchase warrants at $11.00 per unit. The proceeds are intended for the construction of a 1.5 GW heterojunction (HJT) solar cell manufacturing facility in Houston, Texas, and general corporate purposes. TOYO Co., Ltd. operates in the solar energy industry and manufactures solar cells.