Everbright Digital prices $8.07M public offering at $1.88 per share

July 26, 2026 10:00 AM EDT

Everbright Digital Holding Limited (NASDAQ: EDHL), a Hong Kong-based marketing solutions provider, announced the pricing of a public offering of 4,293,000 ordinary shares at $1.88 per share, according to a press release.



The offering is expected to generate gross proceeds of approximately $8.07 million before placement agent fees and other expenses. The company said it intends to use the net proceeds for working capital and general corporate purposes.



WestPark Capital, Inc. is serving as the sole placement agent for the offering, which is expected to close on or about July 28, 2026, subject to customary closing conditions.



The ordinary shares are being offered under a registration statement on Form F-1 that was initially filed with the U.S. Securities and Exchange Commission on May 14, 2026, and declared effective on July 23, 2026.



Ortoli Rosenstadt LLP is acting as counsel to the company, and Sheppard, Mullin, Richter & Hampton LLP is acting as counsel to the placement agent.



Everbright Digital operates through its subsidiary, Hong Kong United Metaverse Limited, and provides digital marketing services including virtual reality and augmented reality design, event planning, and social media marketing.


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