other material
confidence high
sentiment neutral
materiality 0.60
Nature's Miracle raises $1.2M in public offering of 5M units at $0.24/unit
Nature's Miracle Holding Inc.
- Offering of 5,000,000 units consisting of one share + one Series A warrant at $0.24/unit.
- Gross proceeds of $1.2M; net proceeds of approximately $0.9M after underwriting discounts and expenses.
- Warrants immediately exercisable at $0.24/share, expire 5 years from closing; over-allotment option of 15%.
- Underwriter EF Hutton LLC; proceeds for general corporate purposes including working capital.
- 180-day lock-up for directors, officers, and 5%+ stockholders.