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Meiwu Technology sells 25,000,000 shares in unregistered offering at $0.63 each

PUBT·05/08/2026 20:18:09
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Meiwu Technology sells 25,000,000 shares in unregistered offering at $0.63 each
  • Meiwu Technology entered securities purchase agreement to sell 25,000,000 unregistered ordinary shares in private placement priced at USD 0.626 per share.
  • Gross proceeds totaled about USD 15.65 million; offering closed May 8, 2026; shares issued and outstanding rose to 26,330,471.
  • Net proceeds earmarked primarily for development of AI-driven skincare management platform, related digital infrastructure, working capital.
  • Company accepted 12-month standstill on issuing ordinary shares or ordinary share equivalents, subject to exceptions; also barred variable rate transactions over same period without majority purchaser consent tied to more than 51% of subscription amounts.
  • Purchasers agreed to 12-month lock-up on sales or transfers of ordinary shares or similar securities.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meiwu Technology Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-021979), on May 08, 2026, and is solely responsible for the information contained therein.