GTEC raises $10M in registered direct and private placement

Greenland Technologies Holding Corp.

Gross proceeds ~$10M from 1.25M shares at $4.17/shr plus pre-funded and common warrants.
Private placement units at $5.089 each: pre-funded warrants for 616K shares and 4.53M common warrants at $4.49.
Closed July 27, 2022; Aegis Capital acted as exclusive placement agent at 7% commission.
Proceeds to be used for working capital and general corporate purposes.
Officers, directors and 10%+ holders entered 90-day lock-up agreements.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.