Decent Holding closes $1.23 million follow-on offering

Decent Holding Inc. said it closed a follow-on offering on Oct. 5, 2026, selling securities to an institutional investor for gross proceeds of about $1.23 million before placement-agent fees and other offering expenses.

The company sold 822,828 Class A ordinary shares, or pre-funded warrants in lieu of those shares, in a registered direct offering at $1.50 per share. At the same time, it issued unregistered warrants in a concurrent private placement to buy up to 822,828 Class A ordinary shares at an exercise price of $1.50 per share.

For traders and newer investors, the key point is that the money is going into the company rather than out to shareholders, and Decent Holding said it intends to use the net proceeds for working capital and general corporate purposes.

FT Global Capital, Inc. acted as the exclusive placement agent for the offering. The securities were sold under the company’s Form F-3 shelf registration statement, which was filed with the U.S. Securities and Exchange Commission on April 24, 2026 and declared effective on May 7, 2026.

The company said the unregistered warrants and the Class A ordinary shares underlying them have not been registered under the Securities Act or applicable state securities laws, and may not be offered or sold in the United States except under an effective registration statement or an applicable exemption.