E-Power prices $1.87M registered direct offering of shares

E-Power Inc. (NASDAQ: EPOW) announced the pricing of a registered direct offering totaling approximately $1.87 million, according to a press release statement from the company.

The Dover-based company entered into a securities purchase agreement with a non-U.S. investor to sell 229,097 Class A ordinary shares at $3.60 per share, along with pre-funded warrants to purchase up to 292,393 additional ordinary shares at $3.59 per warrant. The pre-funded warrants carry a nominal exercise price of $0.01 per share and are exercisable immediately upon issuance.

Gross proceeds from the offering are expected to total approximately $1.87 million before placement agent fees and other offering expenses. E-Power said it intends to use the net proceeds for working capital and general corporate purposes.

The offering is expected to close on or about September 30, 2026, subject to customary closing conditions. FT Global Capital, Inc. is acting as the exclusive placement agent.

The shares and warrants are being offered under a registration statement on Form F-3, declared effective by the Securities and Exchange Commission on July 30, 2026. E-Power describes itself as a provider of AI data center microgrid solutions and advanced battery materials, with operations that include manufacturing graphite anode material for lithium-ion batteries.

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