Smart Powerr Corp raises ~$2.48M in registered direct offering of 4.06M shares at $0.61/share

Smart Powerr Corp.

Issued 4,060,000 shares of common stock at $0.61 per share for aggregate gross proceeds of ~$2.48M.
Net proceeds of approximately $2.4M after expenses; will be used for working capital and general corporate purposes.
Offering made under effective shelf registration statement (File No. 333-281639) declared effective Aug 29, 2024.
Company agreed to a 90-day prohibition on issuing any securities without purchasers' prior written consent.
Variable-pricing securities are also restricted for as long as purchasers hold any shares.

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