ReTo Eco-Solutions prices $15 million direct offering at $1.50 a share
ReTo Eco-Solutions, Inc. (NASDAQ: RETO), a China-based manufacturer and distributor of eco-friendly construction materials and equipment, announced it has entered into securities purchase agreements with institutional investors for a registered direct offering of 10,000,000 Class A shares at $1.50 per share, for aggregate gross proceeds of approximately $15 million before placement agent fees and other expenses.
The company also agreed to issue 10,000,000 warrants to the same investors, with an exercise price of $2.75 per share. The warrants are immediately exercisable upon issuance, carry a one-year term, and include a zero cash exercise option allowing holders to acquire up to nine Class A shares per warrant.
Investors will have an additional purchase right to acquire up to $15 million of securities on the same terms during the 10-day period following pricing. The offering was expected to close on or about September 18, 2026, subject to customary closing conditions.
The offering is being made pursuant to a shelf registration statement on Form F-3 that became effective with the U.S. Securities and Exchange Commission on July 8, 2026. Univest Securities, LLC is acting as sole placement agent.
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