E-Power (EPOW) Stock Soars Over 11% After-Hours: What's Driving the Surge?
E-Power Inc. Shares rose 11.14% after hours Monday, rebounding despite a sharp regular-session decline and recent share offering.
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E-Power shares are trading lower after the company announced the pricing of a $1.87 million registered direct offering.
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E-Power Inc. Announces Pricing of Approximately $1.87 Million Registered Direct Offering
E-Power Inc. (NASDAQ: EPOW) announced a registered direct offering of approximately $1.87 million in Class A ordinary shares and pre-funded warrants to a non-U.S. investor. The offering includes 229,097 ordinary shares at $3.60 per share and pre-funded warrants to purchase 292,393 shares at $3.59 per warrant. The company plans to use net proceeds for working capital and general corporate purposes, with closing expected around September 30, 2026.
E-Power Commences $1.87M Offering Of 229,097 Ordinary Shares At $3.60 Per Share