Maase prices US$50 million PIPE at US$12.89 per share
Bitget2026/09/23 13:00- Maase entered a PIPE to issue 3,878,856 Class A ordinary shares for expected gross proceeds of about USD 50 million.
- Deal priced at USD 12.89 per share.
- Shares carry a 36-month lock-up.
- Closing expected in October 2026, subject to customary conditions.
- Proceeds earmarked for Star distributed computing centers, Lingyanmiaoyu MoE large language model development, working capital.
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