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Decent Holding shares are trading lower after the company announced a $1.23 million offering of 177,000 shares and warrants to purchase up to 645,828 shares at $1.50 per unit.

BenzingaBenzinga Newsdesk

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  1. Globenewswire IncNa

    Decent Holding Inc. Announces Closing of $1.23 Million Follow-on Offering

    Decent Holding Inc. (NASDAQ: DXST) completed a follow-on offering raising approximately $1.23 million gross proceeds through the sale of 822,828 Class A ordinary shares at $1.50 per share and concurrent unregistered warrants. The company plans to use net proceeds for working capital and general corporate purposes. FT Global Capital, Inc. served as the exclusive placement agent.