Ostin Technology Group (OST) Announces $5 Million Registered Direct Offering

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Ostin Technology Group Co., Ltd. Announces $5 Million Registered Direct Offering

June 30, 2025 9:15 AM EDT

Nanjing, China, June 30, 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 definitive agreement with a single institutional investor for the purchase and sale of an aggregate of 41,666,667 of the Companys Class A ordinary share, par value $0.001 per share (the Shares) (or pre-funded warrants in lieu thereof) at a purchase price of $0.12 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the... More