Next Technology Secures $9 Million in Share Offering

September 3, 2025 - 01:07

Next Technology has successfully raised $9 million through a registered direct offering, selling 60 million shares at a price of $0.15 per share. This funding initiative includes an option for pre-funded warrants, providing additional flexibility for investors. The transaction is anticipated to close on September 3, 2025, marking a significant step for the company in bolstering its financial resources.

Univest Securities has been appointed as the placement agent for this offering, facilitating the process and ensuring a smooth transaction. The capital raised is expected to be utilized for various strategic initiatives aimed at enhancing the company's growth and operational capabilities.

This move reflects Next Technology's commitment to expanding its market presence and investing in future opportunities. Investors are keenly watching the developments surrounding this offering, as it could pave the way for further advancements within the company and its industry as a whole.