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NaaS Technology raises USD 25 million in private placement of shares and warrants

PUBT·08/31/2026 20:32:01
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NaaS Technology raises USD 25 million in private placement of shares and warrants
  • Naas Technology priced a US$ 25 million private placement of 7,507,507 ADSs, each representing 3,200 Class A ordinary shares.
  • Sale price set at US$ 3.33 per ADS, equivalent to about US$ 0.001041 per Class A ordinary share.
  • Deal included warrants for up to 7,150,007 additional ADSs at US$ 3.5 per ADS, exercisable through Aug. 31, 2031.
  • Closing completed Aug. 31, 2026; total shares outstanding rose to 78,601,180,281.
  • Controlling shareholder Newlink participated via an affiliate; post-closing voting power held by Newlink group stood at 57.71%.


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. Naas Technology Inc. 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: 0001185185-26-003770), on August 31, 2026, and is solely responsible for the information contained therein.