Tianci International, Inc. Announces Closing of US$4.9 Million Public Offering
Tianci International (NASDAQ:CIIT) closed a registered public offering of 6,055,000 units at US$0.81 per unit, raising approximately US$4.9 million in gross proceeds.
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Rhea-AI Summary
Tianci International (NASDAQ:CIIT) closed a registered public offering of 6,055,000 units at US$0.81 per unit, raising approximately US$4.9 million in gross proceeds.
Each unit includes one share (or pre-funded warrant) and one common warrant, exercisable at US$0.81 for three years. Proceeds will fund working capital, general purposes, product development and capacity expansion.
Positive
- US$4.9 million gross proceeds to support working capital and growth projects
- 6,055,000 units sold at US$0.81 on a registered public offering basis
- Common warrants exercisable at US$0.81 may provide additional future capital
- Proceeds earmarked for product iteration, development and production capacity expansion
Negative
- Issuance of 6,055,000 shares and matching warrants may dilute existing shareholders
- Additional dilution possible if all common warrants are exercised over three years
Details
News Market Reaction – CIIT
On Jun 18, the first trading day after this news, CIIT closed 11.65% below the previous close.
Data tracked by StockTitan Argus for the Jun 18 session.
Key Figures
- Units offered
- 6,055,000 units
- Registered public offering just closed
- Offering price
- US$0.81 per Unit
- Public unit offering pricing
- Gross proceeds
- US$4.9 million
- Total gross proceeds before fees from the offering
- Warrant exercise price
- US$0.81
- Common Warrant exercise price, equal to Unit offering price
- Warrant term
- 3 years
- Common Warrants expire on third anniversary of issuance
- Estimated net proceeds
- US$4.2M
- Estimated net proceeds on full sale per 424B4 prospectus
- Revenue current period
- $7,702,911
- Revenue for six months ended January 31, 2026
- Revenue prior period
- $5,060,143
- Revenue for six months ended January 31, 2025
Previous Offering Reports
-
Pricing of 6,055,000-unit public offering at $0.81 with attached warrants.
-
Closing of $7M Nasdaq public offering of 1,750,000 shares at $4.00.
-
Nasdaq uplisting and pricing of $7M offering at $4.00 per share.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
pre-funded warrant financial
common warrant financial
anti-dilution adjustments financial
registration statement on form s-1 regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
HONG KONG, HK / ACCESS Newswire / June 17, 2026 / Tianci International, Inc. (NASDAQ:CIIT) ("Company" or "Tianci"), a global logistics service provider specializing in ocean freight forwarding, today announced the closing of its previously announced registered offering of 6,055,000 units (each, a "Unit"), on a best efforts basis, at an offering price of US
Each Unit consists of one share of common stock of the Company (or pre-funded warrant in lieu thereof), with a par value of US
The company received total gross proceeds of approximately US
Maxim Group LLC acted as the sole placement agent for the Offering. Ortoli Rosenstadt LLP acted as U.S. securities counsel to the Company, and Pryor Cashman LLP acted as U.S. securities counsel to the placement agent, in connection with the Offering.
The Company's Registration Statement on Form S-1 (File No. 333-296417) was filed with the U.S. Securities and Exchange Commission (SEC) and declared effective on June 15, 2026. The Offering was made exclusively by means of a prospectus contained within the effective S-1 registration statement, copies of which may be obtained by contacting Maxim Group LLC, at 300 Park Avenue, 16th Floor, New York, NY 10022, at (212) 895-3745 or by email at syndicate@maximgrp.com. Copies of the registration statement can be accessed through the SEC website at www.sec.gov.
This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. No offering, sale or solicitation shall be permitted in any jurisdiction where such offering or sale would be unlawful prior to registration, exemption or qualification under the local securities laws of such jurisdiction.
About Tianci International, Inc.
Tianci International Inc., through its subsidiary Roshing, provides global logistics services, specializing in ocean freight forwarding, including container and bulk goods shipping. Operating under an asset-light model, Roshing's logistics solutions are tailored to meet the diverse needs of its customers across the Asia-Pacific Region, including Japan, South Korea, and Vietnam. The Company's mission is to provide customers with efficient, reliable, and safe shipping services that create value. Beyond logistics, Roshing has expanded into global trade of minerals by sourcing high-grade minerals directly from resource-rich regions for resale. In addition, the Company generates revenue from the sale of electronic parts and business consulting services. For more information, please visit the Company's website: tianci-ciit.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 about the Company's current expectations about future results, performance, prospects and opportunities. Statements that are not historical facts, such as "anticipates," "believes" and "expects" or similar expressions, are forward-looking statements.
This press release contains forward-looking statements, among other items, regarding the Company's ability to satisfy closing conditions related to the offering. All of our forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company's current plans and expectations, as well as future results of operations and financial condition. These and other risks and uncertainties are discussed more fully in our filings with the Securities and Exchange Commission. Readers are encouraged to review the section titled "Risk Factors" in the Registration Statement, as well as other disclosures contained in such Registration Statement and the Company's other filings made with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For investor and media inquiries, please contact:
Tianci International, Inc.
Investor Relations
Email: ir@rqscapital.com
SOURCE: Tianci International, Inc.
View the original press release on ACCESS Newswire
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