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Decent Closes $1.23 Million Direct Offering

Decent Closes $1.23 Million Direct Offering

MT newswireMT newswire2026/10/05 22:00

06:00 PM EDT, 10/05/2026 (MT Newswires) -- Decent Holding (DXST) said Monday it has closed a direct offering of 822,828 Class A shares, or pre-funded warrants in lieu, to an institutional investor at $1.50 a share, raising about $1.23 million. The firm said it issued warrants to buy up to 822,828 Class A shares with an exercise price of $1.50 per share in a concurrent private placement. The company said it plans to use the net proceeds for working capital and general corporate purposes.

06:00 PM EDT, 10/05/2026 (MT Newswires) -- Decent Holding (DXST) said Monday it has closed a direct offering of 822,828 Class A shares, or pre-funded warrants in lieu, to an institutional investor at $1.50 a share, raising about $1.23 million. The firm said it issued warrants to buy up to 822,828 Class A shares with an exercise price of $1.50 per share in a concurrent private placement. The company said it plans to use the net proceeds for working capital and general corporate purposes.
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