JIADE LIMITED Announces Pricing of up to $12.0 Million Registered Direct Offering

JIADE LIMITED (Nasdaq: JDZG) announced a registered direct offering of up to $12.0 million of Class A ordinary shares at $0.24 per share.

Rhea-AI Summary

JIADE LIMITED (Nasdaq: JDZG) announced a registered direct offering of up to $12.0 million of Class A ordinary shares at $0.24 per share. The company expects an initial closing of $3.36 million on or about May 5, 2026, and a second closing of $8.64 million by June 30, 2026, subject to closing conditions and a required share consolidation and charter amendment. Net proceeds are intended for general corporate purposes, including working capital; proceeds will not be used to redeem shares or pay down outstanding debt except ordinary trade payables.

Positive

• Committed capital of $12.0M available through registered direct offering
• Initial closing of $3.36M expected on or about May 5, 2026
• Net proceeds designated for general corporate purposes and working capital

Negative

• Second closing of $8.64M conditioned on a share consolidation and charter amendment
• Share issuance at $0.24 may cause dilution to existing shareholders
• Timing and receipt of full proceeds subject to customary closing conditions through June 30, 2026

Argus May 5 session

-0.82% close to close 0.2x rel. volume Open Argus

Details

News Market Reaction – JDZG

On May 5, the first trading day after this news, JDZG closed 0.82% below the previous close.

Data tracked by StockTitan Argus for the May 5 session.

Key Figures

Registered direct size: $12.0 million Offering price: $0.24 per share Initial closing amount: $3.36 million +3 more

Registered direct size

$12.0 million

Aggregate potential proceeds from Class A share offering

Offering price

$0.24 per share

Purchase price for Class A ordinary shares

Initial closing amount

$3.36 million

Expected first closing on or about May 5, 2026

Second closing amount

$8.64 million

Second closing by June 30, 2026, subject to conditions

Par value

$0.0025 per share

Par value of Class A ordinary shares in this offering

Current share price

$1.22

Pre-announcement price vs $0.24 offering level

Previous Offering Reports

1 past event · Latest: Feb 18

Same Type 1 event

1. Feb 18

   Registered direct offering

   24h Move

   -67.5%

   Pricing of $3M registered direct offering at $0.25 per share.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

registered direct offering, par value, shelf registration statement, form f-3, +4 more

8 terms

registered direct offering financial

"agreed to sell up to an aggregate of up to $12.0 million of its Class A ordinary shares in a registered direct offering."

A registered direct offering is a way for a company to sell new shares of its stock directly to select investors with regulatory approval. This method allows the company to raise funds quickly and efficiently without needing a public auction, similar to offering exclusive access to a limited number of buyers. For investors, it often provides an opportunity to purchase shares at a favorable price, while giving the company immediate access to capital.

par value financial

"The Class A ordinary shares, par value $0.0025 per share, are being sold at a purchase price of $0.24 per share."

Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.

shelf registration statement regulatory

"pursuant to an effective shelf registration statement on Form F-3 (File No. 333-292574)"

A shelf registration statement is a document a company files with regulators that allows it to sell shares or bonds quickly when it’s a good time to raise money. It’s like having a pre-approved plan ready so the company can act fast without going through lengthy paperwork each time they want to sell, making fundraising more flexible.

form f-3 regulatory

"pursuant to an effective shelf registration statement on Form F-3 (File No. 333-292574)"

Form F-3 is a U.S. securities filing that lets eligible foreign companies pre-register and then quickly sell shares or other securities to raise money, because they already meet ongoing reporting and size tests. For investors it signals that the company is up-to-date with regulatory disclosure and has an efficient way to issue new securities — similar to a pre-approved credit line — which can mean faster capital raises but also potential dilution of existing holdings.

prospectus regulatory

"The offering of the shares will be made only by means of a prospectus and prospectus supplements filed with the SEC."

A prospectus is a detailed document that explains a company's plans for offering new shares or investments to the public. It’s important because it provides potential investors with key information about the company’s business, risks, and how they might make money, helping them decide whether to invest. Think of it as a guidebook for understanding what you're buying into.

prospectus supplements regulatory

"The offering of the shares will be made only by means of a prospectus and prospectus supplements filed with the SEC."

A prospectus supplement is an official add-on to a securities prospectus that provides new or updated details about a specific stock, bond, or other offering, such as terms, risks, or financial data. Investors use it like a product label update—checking it tells them what exactly is being offered, any changes from the original plan, and whether the investment's risks, size, or price have shifted, which can affect buy, hold, or sell decisions.

fcpa regulatory

"or in violation of FCPA or OFAC regulations."

The FCPA is a U.S. law that makes it illegal for companies and their employees to bribe foreign government officials and requires them to keep honest financial records and internal controls. For investors it matters because violations can lead to large fines, criminal charges, damaged reputation and disrupted business — similar to a company being penalized by a watchdog for cheating in its bookkeeping and playbook, which can cut into profits and raise risk.

ofac regulatory

"or in violation of FCPA or OFAC regulations."

OFAC is the U.S. Treasury agency that administers and enforces economic and trade sanctions, using a publicly maintained list to block certain people, companies, and countries from moving money or doing business. Think of OFAC as a referee who enforces rules about who is allowed to play and who is barred from the field. Investors need to watch OFAC actions because sanctions can freeze assets, halt deals, complicate payments, and create legal and reputational risks that affect valuations and trading.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Chengdu, China, May 04, 2026 (GLOBE NEWSWIRE) -- JIADE LIMITED (Nasdaq: JDZG) (“JIADE” or the “Company”), a provider of one-stop comprehensive education support services for adult education institutions through its subsidiaries in the People’s Republic of China, today announced that the Company has entered into a definitive securities purchase agreement (the “Agreement”) with each of certain purchasers. Pursuant to the Agreement, the Company has agreed to sell up to an aggregate of up to $12.0 million of its Class A ordinary shares in a registered direct offering.

The Class A ordinary shares, par value $0.0025 per share, are being sold at a purchase price of $0.24 per share.

The Company intends to use the net proceeds from the sale of the securities for general corporate purposes, including working capital. The proceeds will not be used for the satisfaction of any portion of the Company's outstanding debt (other than payment of trade payables in the ordinary course of business), the redemption of any shares, the settlement of any outstanding litigation, or in violation of FCPA or OFAC regulations.

The offering is expected to have an initial closing of $3.36 million of its Class A ordinary shares on or about May 5, 2026, and the second closing of $8.64 million of the Company’s Class A ordinary shares on a date to be determined by the Company but no later than June 30, 2026 (the “Second Closing”), subject, in each case, to the satisfaction of customary and other closing conditions. In addition to the customary closing conditions, no Second Closing may occur unless the Company has effectuated a share consolidation and has further amended its Amended and Restated Memorandum and Articles of Association.

The securities described above are being offered and sold by the Company pursuant to an effective shelf registration statement on Form F-3 (File No. 333-292574), which was initially filed with the U.S. Securities and Exchange Commission (the "SEC") on January 5, 2026 and became effective on January 13, 2026. The offering of the shares will be made only by means of a prospectus and prospectus supplements filed with the SEC.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About JIADE LIMITED

JIADE LIMITED (Nasdaq: JDZG) provides one-stop comprehensive education support services for adult education institutions in China. Through its subsidiaries, the Company offers software-driven and service-based solutions centered around the Kebiao Technology Educational Administration Platform (“KB Platform”), which streamlines enrollment, student management, learning progress tracking, grade inquiry, and graduation management. JIADE also provides auxiliary services such as pre-enrollment guidance, exam training, application support, tutoring, and exam administration. The Company served 23,205 students taking the National Unified Examination for College Admissions for Adults, 28,240 students enrolled with the Open University of China, and 16,078 students preparing for the Self-taught Higher Education Examinations, provided safety technology training services for both theoretical instruction and practical training components to 16,298 individuals and online courses services to 88,055 individuals for the year ended December 31, 2025.

Forward-Looking Statements

This press release contains forward-looking statements. These statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and assumptions regarding future events. Forward-looking statements can be identified by words such as “expects,” “plans,” “intends,” “believes,” “may,” “would,” “should,” “could,” “will,” “approximates,” “assesses,” “hopes,” “anticipates,” “estimates,” “projects,” and similar expressions. Actual results may differ materially due to various factors. The Company undertakes no obligation to update any forward-looking statements, except as required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the U.S. Securities and Exchange Commission.

For more information, please contact:
JIADE LIMITED
Investor Relations Department
Email: kebiao@sckbkj.com 

Investor Relations Firm
WFS Investor Relations Inc.
Email: services@wealthfsllc.com 
Phone: +1 (628) 283-9214

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What offering did JIADE (JDZG) announce on May 4, 2026?

JIADE announced a registered direct offering to sell up to $12.0 million of Class A ordinary shares at $0.24 per share. According to the company, the sale is through an effective Form F-3 shelf registration and will be completed via prospectus supplements.

When will JIADE (JDZG) complete the initial and second closings for the offering?

The company expects an initial closing of $3.36 million on or about May 5, 2026 and a second closing of $8.64 million by June 30, 2026. According to the company, both closings are subject to customary closing conditions.

How does JIADE (JDZG) plan to use the net proceeds from the offering?

JIADE intends to use net proceeds for general corporate purposes, including working capital. According to the company, proceeds will not be used for share redemptions or to pay down outstanding debt other than ordinary trade payables.

What corporate actions does JIADE (JDZG) require before the second closing?

No second closing may occur unless JIADE has effectuated a share consolidation and amended its memorandum and articles. According to the company, these corporate steps are explicit conditions to the second tranche closing.

At what price and share terms is JIADE (JDZG) selling the offered shares?

The Class A ordinary shares are being sold at a purchase price of $0.24 per share with par value $0.0025 per share. According to the company, the offering is via a registered direct sale under the effective Form F-3 registration.