Raytech Holding closes $6.2 million direct offering of shares

Raytech Holding Limited (NASDAQ: RAY), a Hong Kong-based holding company specializing in personal care electrical appliances, announced the closing of a registered direct offering of 3,149,832 ordinary shares at $1.97 per share on June 29, 2026.

Gross proceeds from the offering totaled approximately $6.2 million, before placement agent fees and other expenses. The company said it intends to use the net proceeds for general corporate and working capital purposes, expansion into the personal health care electronics product category, and integration costs related to the acquisition of Worry Free Group (Hong Kong) Limited.

CBC Securities Inc. served as the exclusive placement agent for the offering. Loeb & Loeb LLP acted as counsel to the company on U.S. securities law matters.

The shares were offered under a shelf registration statement on Form F-3, declared effective by the U.S. Securities and Exchange Commission on December 18, 2025.

You May Also Be Interested In

• Jupiter Neurosciences prices $2M registered direct offering of shares
• reAlpha completes $8.5M InstaMortgage acquisition
• Aveanna selling stockholders launch 15M share secondary offering