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Antelope Enterprise signs up to $100M offering deal

AEHL will pay D. Boral a 2.5% commission on gross proceeds from sales and reimburse certain specified expenses.

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Form Type
6-K

Rhea-AI Filing Summary

Antelope Enterprise Holdings Ltd. (AEHL) entered into an at-the-market sales agreement with D. Boral Capital LLC under which it may offer and sell Class A Ordinary Shares for an aggregate offering price of up to $100,000,000.00. Sales may take place from time to time through or to D. Boral, acting as sales agent or principal, under the company’s Form F-3 shelf registration statement.

AEHL may instruct D. Boral on the number and timing of shares to sell, daily sale limits and minimum prices. The company is not obligated to sell shares, and D. Boral is not obligated to purchase or sell them.

Filing Explained

The agreement commits no share issuance; any change to existing holders’ ownership depends on shares actually being issued through the program.

On October 1, 2026, Antelope Enterprise entered an agreement and filed a prospectus supplement allowing sales of up to $100,000,000.00 of Class A ordinary shares; this establishes sales capacity, not a completed issuance.

An at-the-market program permits gradual sales into the open market at prevailing prices rather than a single priced deal; if shares are issued, the total share count rises and existing holders’ percentage ownership falls.

The company will pay D. Boral Capital a 2.5% commission on gross proceeds from shares sold to or through it and reimburse certain specified expenses.

Aggregate offering price Up to $100,000,000.00 Class A Ordinary Shares under the at-the-market offering
Commission 2.5% Of gross proceeds from shares sold to or through D. Boral
Form F-3 registration statement effective date May 5, 2026 The shelf registration statement under which the shares may be offered and sold
at the market offering financial
"an “at the market offering”"
An at-the-market offering is a way a company raises cash by selling newly issued shares directly into the open market at prevailing prices, rather than all at once in a single deal. Think of it like turning a faucet on to drip shares into trading at current prices when needed; it gives the company flexibility to raise funds over time but can dilute existing shareholders and potentially affect the stock price, which investors should monitor.
placement notices financial
"deliver placement notices to D. Boral specifying the number of Shares"
prospectus supplement regulatory
"filed a prospectus supplement pursuant to Rule 424(b)(5)"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
shelf registration statement regulatory
"pursuant to the Company’s shelf registration statement on Form F-3"
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.

FAQ

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

What is the size of AEHL’s ATM offering?

AEHL may offer Class A Ordinary Shares for an aggregate offering price of up to $100,000,000.00 under its at-the-market sales agreement with D. Boral Capital LLC. Sales may occur from time to time through or to D. Boral, acting as sales agent or principal.

How does AEHL direct sales under the ATM agreement?

AEHL may deliver placement notices specifying the number of shares to be sold, the requested sale period, any daily sale limit and any minimum price. D. Boral will make sales based on the company’s instructions and using commercially reasonable efforts consistent with its normal trading and sales practices.

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

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Learn about SEC filing dates

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of October 2026

 

Commission File Number: 001-34944

 

ANTELOPE ENTERPRISE HOLDINGS LTD.

(Translation of registrant’s name into English)

 

Room 1802, Block D, Zhonghai International Center,

Hi- Tech Zone, Chengdu, Sichuan Province, PRC

(Address of Principal Executive Office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 
 

 

At the Market Issuance Program

 

On October 1, 2026, Antelope Enterprise Holdings Limited, a British Virgin Islands business company limited by shares (the “Company”), entered into an At Market Issuance Sales Agreement (the “Sales Agreement”) with D. Boral Capital LLC (“D. Boral”), pursuant to which the Company may offer and sell, from time to time, through or to D. Boral, acting as sales agent or principal, its Class A Ordinary Shares, no par value per share (the “Class A Ordinary Shares), for an aggregate offering price of up to $100,000,000.00 (the “Shares”) from time to time, through an “at the market offering” (the “ATM Offering”) in an “at the market offering" as defined in Rule 415(a)(4) under the Securities Act of 1933, as amended (the “Securities Act”).

 

On October 1, 2026, the Company filed a prospectus supplement (the “Prospectus Supplement”) with the Securities and Exchange Commission (the “Commission”) pursuant to Rule 424(b)(5) under the Securities Act relating to the offer and sale of the Shares pursuant to the Sales Agreement. The Shares will be offered and sold pursuant to the Company’s shelf registration statement on Form F-3 (File No. 333-295047), originally filed with the Commission on April 14, 2026, and declared effective by the Commission on May 5, 2026 (the “Registration Statement”), the base prospectus included in the Registration Statement, and the Prospectus Supplement.

 

Under the Sales Agreement, the Company may, from time to time, deliver placement notices to D. Boral specifying the number of Shares to be sold, the time period during which sales are requested to be made, any limitation on the number of Shares that may be sold in any one day, and any minimum price below which sales may not be made. Subject to the terms and conditions of the Sales Agreement, D. Boral will make all sales using commercially reasonable efforts consistent with its normal trading and sales practices and applicable state and federal laws, rules and regulations and the rules of the Nasdaq Stock Market LLC, to sell the Shares from time to time based upon the Company's instructions. Sales of the Shares under the Sales Agreement may be made by any method deemed to be an "at the market offering" as defined in Rule 415(a)(4) under the Securities Act. The Company is not obligated to sell any Shares under the Sales Agreement, and D. Boral is not obligated to purchase or sell any Shares.

 

The Company will pay D. Boral a commission equal to 2.5% of the gross proceeds from any Shares sold to or through D. Boral under the Sales Agreement. In addition, the Company has agreed to reimburse D. Boral for certain specified expenses it incurs in the performance of its obligations. The Sales Agreement may be terminated by the Company or D. Boral in accordance with the terms therein. The Company made certain customary representations, warranties and covenants concerning the Company and the Shares in the Sales Agreement and agreed to indemnify D. Boral against certain liabilities, including liabilities under the Securities Act.

 

The description of the Sales Agreement does not purport to be complete and is qualified in its entirety by reference to the Sales Agreement, which is filed as Exhibit 10.1 to this Report on Form 6-K and incorporated herein by reference.

 

The legal opinion of the Company’s legal counsel Harney Westwood & Riegels (BVI) LP relating to the legality of the issuance and sale of the Class A Ordinary Shares that may be sold pursuant to the Sales Agreement is being filed as Exhibit 5.1 to this Report on Form 6-K and incorporated herein by reference.

 

This Report on Form 6-K, including the exhibits hereto, is hereby incorporated by reference into the Registration Statement.

 

This Report on Form 6-K shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any state or other 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 other jurisdiction.

 

Financial Statements and Exhibits

 

Exhibit No.   Description
5.1   Opinion of Harney Westwood & Riegels (BVI) LP
10.1   At Market Issuance Sales Agreement by and between Antelope Enterprise Holdings Limited, and D. Boral dated October 1, 2026.
23.1   Consent of Harney Westwood & Riegels (BVI) LP (included in Exhibit 5.1)

 

 
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: October 1, 2026 ANTELOPE ENTERPRISE HOLDINGS LTD.
     
  By: /s/ Tingting Zhang
    Tingting Zhang
    Chief Executive Officer

 

 

 

Filing Exhibits & Attachments

4 documents

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