OpenWorld Prices $3.5 Million Registered Direct Offering

PUBT · 2d ago
OpenWorld Prices $3.5 Million Registered Direct Offering
  • OpenWorld entered a registered direct offering with a single institutional investor, targeting approximately $3.5 million in gross proceeds.
  • The offering comprises 2,517,985 common shares or pre-funded warrants, with accompanying Series A and Series B warrants, priced together at $1.39.
  • Series A warrants cover 2,517,985 shares at a $1.53 exercise price, expiring five years from shareholder approval.
  • Series B warrants cover 2,517,985 shares at a $1.39 exercise price, expiring 18 months from shareholder approval, with conditional call provisions.
  • Closing is expected October 30, 2026; proceeds will fund real-world asset growth initiatives, working capital and general corporate purposes.


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. OpenWorld Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610290834PRIMZONEFULLFEED9856057) on October 29, 2026, and is solely responsible for the information contained therein.