Jiade Limited raises $1.2 million in registered direct offering
Jiade Limited, a company based in Chengdu, China, has successfully raised $1.2 million through a registered direct offering. The company sold 6,666,666 Class A Ordinary Shares at $0.18 per share in an agreement with an institutional investor. The gross proceeds from the offering are projected to be around $1.2 million, after accounting for fees and other expenses associated with the sale.
The transaction is set to conclude on Tuesday, contingent on the fulfillment of standard closing conditions. Univest Securities, LLC is acting as the sole placement agent for the deal. The offering is facilitated under a shelf registration statement on Form F-3, which was submitted to the U.S. Securities and Exchange Commission on January 13, 2026.
Jiade Limited specializes in providing educational support services to adult education institutions in China. Through its subsidiary, the Kebiao Technology Educational Administration Platform, the company manages enrollment, student management, learning progress tracking, grade inquiries, and graduation processes. As of June 30, 2026, Jiade Limited had served over 17 adult education institutions, catering to approximately 115,114 students.
Additionally, the company provided safety technology training to around 21,834 individuals and delivered online courses to approximately 138,473 individuals.
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