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Ohmyhome signs standby equity purchase agreement for up to $40 million share sales

PUBT·10/07/2026 21:03:06
Ohmyhome signs standby equity purchase agreement for up to $40 million share sales
  • Ohmyhome entered a standby equity purchase agreement with an institutional investor that commits up to $40 million for purchases of its Class A ordinary shares over 24 months.
  • The company can draw between $200,000 and $3 million per trading day, subject to a 9.99% beneficial ownership cap and a $0.10 minimum share price condition.
  • Pricing is set at the lower of $1.26 or 50% of the lowest Nasdaq closing price over the prior 180 trading days, with a $0.10 floor.
  • The investor must provide a $5 million pre-paid credit within five trading days, with any unused balance to be settled through share issuance or cash repayment at expiration or termination.
  • Univest Securities will act as exclusive placement agent, earning a 5% cash fee on gross proceeds.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ohmyhome Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-107603), on October 07, 2026, and is solely responsible for the information contained therein.