INLIF Closes USD 3.75 Million Registered Direct Offering

PUBT · 1d ago
INLIF Closes USD 3.75 Million Registered Direct Offering
  • INLIF closed a registered direct offering, raising approximately USD 3.75 million in gross proceeds before fees and expenses.
  • The offering comprised 435,000 Class A Ordinary Shares, pre-funded warrants for 1,908,750 shares and accompanying Series A, B and C warrants.
  • Combined purchase prices were USD 1.60 per share with accompanying warrants, or USD 1.5999 per pre-funded warrant with accompanying warrants.
  • Series A and Series B warrants carry initial USD 1.60 exercise prices, subject to downward resets on the twentieth trading day following closing.
  • Net proceeds will support directors and officers, manufacturing expansion and working capital, with deployment expected over one to two years.


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. INLIF Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610201530PRIMZONEFULLFEED9849711) on October 20, 2026, and is solely responsible for the information contained therein.