Oriental Rise Holdings Limited announced on July 22, 2025, the pricing of a public offering expected to generate approximately US$6.9 million in gross proceeds. The offering consists of up to 14,800,000 Units, priced at US$0.4681 per Unit.
Each Unit in the offering comprises one Ordinary Share (or one Pre-Funded Warrant to purchase one Ordinary Share) and one Common Warrant to purchase one Ordinary Share. The Common Warrants are exercisable immediately at an initial price of US$0.4681 per share and will expire five years from issuance.
The company intends to allocate the proceeds from this offering towards general corporate purposes, working capital, and expanding its sales network, including hiring personnel and developing regional sales channels. Funds will also be used for production and capacity expansion, such as acquiring new equipment and upgrading manufacturing facilities.
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