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Golden Heaven Group Entered Into A Share Purchase Agreement Raising $25.4M Through Sale of 20M Class A Shares at $1.27 Per Share

Benzinga·07/09/2025 20:04:43
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On July 9, 2025, Golden Heaven Group Holdings Ltd. (the "Company") entered into a share purchase agreement (the "Share Purchase Agreement") with investors listed thereto (the "Investors"). Pursuant to the Share Purchase Agreement, the Investors in aggregate agreed to purchase, and the Company agreed to issue and sell to the Investors a total of 20,000,000 Class A ordinary shares of the Company, par value of US$0.125 per share (the "Shares"), at a purchase price of US$1.27 per share (the "Offering"). The Shares were offered under the Company's registration statement on Form F-3 (File No. 333-279942), initially filed with the U.S. Securities and Exchange Commission on June 4, 2024, and declared effective on June 27, 2024 (the "Registration Statement"). A prospectus supplement to the Registration Statement in connection with the Offering dated as of July 7, 2025 was filed with the U.S. Securities and Exchange Commission on July 8, 2025.

 

The closing of the transactions contemplated by the Share Purchase Agreement took place on July 9, 2025. The Company received gross proceeds of approximately US$25,400,000 from the issuance and sale of the Shares and intends to use the net proceeds from the Offering for working capital and other general corporate purposes.