EShallGo closes $1.75M registered direct offering at $1 per share

EShallGo Inc. (NASDAQ: EHGO), a Shanghai-based office technology solutions provider, closed a registered direct offering raising $1.75 million in gross proceeds, according to a press release from placement agent Univest Securities, LLC.

Under the terms of the securities purchase agreement, the company sold 1.75 million Class A ordinary shares, or pre-funded warrants in lieu thereof, to institutional investors at $1.00 per share. Univest Securities acted as the sole placement agent for the transaction.

The offering was made pursuant to a shelf registration statement on Form F-3 (File No. 333-291149), which the U.S. Securities and Exchange Commission declared effective on April 2, 2026.

EShallGo provides integrated hardware, printing, software, and support services to small and mid-sized businesses. The company expanded into enterprise AI applications in 2025, targeting document management, workflow automation, procurement, and collaboration.

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