Ostin Technology Group (OST) Prices $5M Share Offering

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Ostin Technology Group Announces Pricing of $5.0 million Registered Direct Offering

April 15, 2025 4:30 PM EDT

Nanjing, China, April 15, 2025 (GLOBE NEWSWIRE) -- Ostin Technology Group Co., Ltd. (the Company) (Nasdaq: OST), a leading supplier of display modules and polarizers based in China, today announced that it has entered into a securities purchase agreement with several investors for the purchase and sale of (i) 9,090,908 Class A ordinary shares (the Class A Ordinary Shares), par value $0.001 per share, of the Company; and (ii) Class A Ordinary Share purchase warrants to purchase up to 90,909,080 Class A Ordinary Shares (the Warrants); and (iii) up to 90,909,080 Class A Ordinary Shares issuable upon exercise... More