E-Power (EPOW) closes $16.0M offshore share private placement

Rhea-AI Filing Summary

E-Power Inc. completed a private placement of its Class A ordinary shares to a non-U.S. investor. The company issued 15,841,585 Class A ordinary shares at $1.01 per share, generating aggregate gross proceeds of approximately $16.0 million before expenses.

The shares were sold under Regulation S, with the purchaser confirming it is not a U.S. person and is not buying for the benefit of any U.S. person. E-Power plans to use the net proceeds for working capital, investments, and other general corporate purposes.

Insights

Capital markets analyst

E-Power secured about $16.0 million through an offshore equity placement.

E-Power Inc. closed a private placement of 15,841,585 Class A ordinary shares at $1.01 per share, raising gross proceeds of about $16.0 million. The transaction was conducted under Regulation S with a non-U.S. purchaser.

The company states it will use the net proceeds for working capital, investments, and other general corporate purposes, which can help fund operations and growth initiatives. Because the deal is equity-based, existing holders face dilution, while the balance sheet benefits from additional cash with no new debt.

Key Figures

Shares issued: 15,841,585 shares Share price: $1.01 per share Gross proceeds: approximately $16.0 million +1 more

4 metrics

Shares issued 15,841,585 shares Class A ordinary shares in June 29, 2026 private placement

Share price $1.01 per share Purchase price in the private placement

Gross proceeds approximately $16.0 million Aggregate gross proceeds before offering expenses

Regulation S reliance Rule 902 Offshore issuance to non-U.S. purchaser

Key Terms

private placement, Regulation S, Rule 902, U.S. person, +1 more

5 terms

private placement financial

"in connection with a private placement offering (the “Private Placement”) of 15,841,585 Class A ordinary shares"

A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.

Regulation S regulatory

"issued in reliance on Rule 902 of Regulation S under the Securities Act of 1933"

Regulation S is a set of rules that allows companies to sell securities (like shares or bonds) to investors outside the United States without having to follow all U.S. securities laws. It matters because it makes it easier for companies to raise money from international investors while still complying with U.S. regulations.

Rule 902 regulatory

"issued in reliance on Rule 902 of Regulation S under the Securities Act of 1933"

U.S. person regulatory

"not a resident of the United States or a “U.S. person” as defined in Rule 902(k) of Regulation S"

A U.S. person is anyone or any entity treated as subject to U.S. rules for taxes, securities and other regulations — typically U.S. citizens, lawful permanent residents, people who live in the U.S. long-term, and companies, trusts or estates organized under U.S. law. It matters to investors because being classified as a U.S. person can determine what investments you may buy, what disclosures or reports are required, and which tax and compliance obligations apply, like a membership badge that decides which rulebook governs you.

working capital financial

"use the net proceeds from the Private Placement for working capital, investments, and other general corporate purposes"

Working capital is the money a business has available to cover its daily expenses, like paying bills and buying supplies. It’s like the cash in your wallet that helps you handle everyday costs; having enough ensures the business can operate smoothly without running into money shortages.

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Form 6-K: How Foreign Companies Report to the SEC →

Available on EDGAR 07/01/2026 - 04:30 PM Accepted by SEC EDGAR 07/01/2026 - 04:30 PM 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

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of July 2026

Commission File Number: 001-40008

E-Power Inc. 

Room 703, West Zone, R&D Building

Zibo Science and Technology Industrial Entrepreneurship Park, No. 69 Sanying Road

Zhangdian District, Zibo City, Shandong Province

People’s Republic of China

(Address of principal executive offices)

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 ☐

As previously disclosed on a Report of Foreign Private Issuer on Form 6-K filed with the U.S. Securities and Exchange Commission on June 23, 2026, E-Power Inc., an exempted company with limited liability formed in the Cayman Islands (the “Company”), entered into a subscription agreement (the “Subscription Agreement”) with a certain purchaser (the “Purchaser”) on June 16, 2026, in connection with a private placement offering (the “Private Placement”) of 15,841,585 Class A ordinary shares, par value $0.0001 per share (the “Class A Ordinary Shares”).

On June 29, 2026, the Company closed the Private Placement and issued an aggregate of 15,841,585 Class A Ordinary Shares to the Purchaser at a purchase price of $1.01 per share, for aggregate gross proceeds of approximately $16.0 million, before deducting the offering expenses payable by the Company. The Class A Ordinary Shares in the Private Placement were issued in reliance on Rule 902 of Regulation S under the Securities Act of 1933, as amended, and the Purchaser represented that it was not a resident of the United States or a “U.S. person” as defined in Rule 902(k) of Regulation S, and was not acquiring the Class A Ordinary Shares for the account or benefit of any U.S. person. The Company intends to use the net proceeds from the Private Placement for working capital, investments, and other general corporate purposes. 

1

SIGNATURE

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.

	E-Power Inc.
Date: July 1, 2026	By:	/s/ Haiping Hu
	Name:	Haiping Hu
	Title:	Chief Executive Officer

2

FAQ

What capital did E-Power Inc. (EPOW) raise in the July 2026 private placement?

E-Power Inc. raised gross proceeds of approximately $16.0 million in a private placement. It issued 15,841,585 Class A ordinary shares at $1.01 per share to a single non-U.S. purchaser under Regulation S.

How many shares did E-Power Inc. (EPOW) issue in its June 2026 private placement?

The company issued 15,841,585 Class A ordinary shares in the private placement. These Class A ordinary shares have a par value of $0.0001 per share and were sold at $1.01 per share to the purchaser.

At what price were E-Power Inc. (EPOW) shares sold in the private placement?

The Class A ordinary shares were sold at a purchase price of $1.01 per share. This pricing applied to all 15,841,585 shares issued, resulting in aggregate gross proceeds of approximately $16.0 million before offering expenses.

How does Regulation S apply to E-Power Inc.’s (EPOW) private placement?

The shares were issued in reliance on Rule 902 of Regulation S, meaning the offer and sale occurred outside the United States. The purchaser represented it was not a U.S. resident or “U.S. person” and was not acquiring the shares for any U.S. person.

What will E-Power Inc. (EPOW) use the private placement proceeds for?

The company intends to use the net proceeds from the private placement for working capital, investments, and other general corporate purposes. This gives E-Power additional flexibility to fund operations and potential growth initiatives without incurring new debt.

When did E-Power Inc. close its June 2026 private placement transaction?

E-Power Inc. closed the private placement on June 29, 2026. On that date, it issued the full 15,841,585 Class A ordinary shares to the purchaser in exchange for approximately $16.0 million in gross proceeds before expenses.