PN Smart Energy closes $5.2M registered direct offering

PN Smart Energy Limited (NASDAQ: PN), a China-based clean energy company, announced the closing of a registered direct offering of 1,735,000 Class A ordinary shares at $3.00 per share, generating gross proceeds of approximately $5.205 million before placement agent fees and other expenses.

The offering closed on August 10, 2026. FT Global Capital, Inc. served as the exclusive placement agent. The securities were offered under a shelf registration statement on Form F-3 declared effective by the U.S. Securities and Exchange Commission on April 30, 2026.

The company said it intends to use net proceeds for working capital and general corporate purposes.

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