STOCK TITAN

EZGO Technologies (EZGO) closes private $1.5M share sale

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

EZGO Technologies Ltd. (EZGO) reported that it completed a private investment in public equity (PIPE) financing with certain non-U.S. investors. The company agreed to issue and sell 3,000,000 ordinary shares at US$0.50 per share, for aggregate gross proceeds of US$1.5 million, under a Securities Purchase Agreement dated August 5, 2026.

The shares were issued on August 19, 2026, and the PIPE is closed. The transaction was conducted with non-U.S. investors in reliance on Regulation S under the Securities Act, so the securities were not registered and are subject to customary transfer restrictions. EZGO states that it intends to use the net proceeds for general corporate purposes. The agreement includes customary representations, warranties, covenants, and closing conditions for both EZGO and the purchasers.

Positive

  • None.

Negative

  • None.

Filing Explained

The filing also mentions potential full exercise of purchaser warrants and additional proceeds, but gives no warrant amount or exercise terms, so it establishes no additional committed financing or share issuance.

Ordinary shares issued in PIPE 3,000,000 shares Aggregate number of ordinary shares sold to purchasers under the Securities Purchase Agreement
Purchase price per share US$0.50 per share Price at which EZGO sold ordinary shares in the PIPE
Aggregate gross proceeds US$1.5 million Total gross proceeds EZGO received from the PIPE financing
Agreement date August 5, 2026 Date EZGO entered into the Securities Purchase Agreement with purchasers
Closing and issuance date August 19, 2026 Date EZGO issued the shares and stated the PIPE is closed
private investment in public equity financial
"in connection with a private investment in public equity transaction (the “PIPE”)"
Private investment in public equity occurs when investors buy shares directly from a company that is publicly traded, often at an early stage or at a discount, instead of purchasing them on the open market. This allows investors to acquire a stake more quickly and with potentially better terms, which can influence the company's future growth and stability—making it an important option for those seeking to support or benefit from a company's development.
Regulation S regulatory
"offered and sold in reliance on an exemption from registration under Regulation S"
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.
forward-looking statements regulatory
"This Current Report contains forward-looking statements within the meaning of the “safe harbor”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Securities Purchase Agreement financial
"entered into a securities purchase agreement (the “Securities Purchase Agreement”)"
A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.

FAQ

What capital raise did EZGO (EZGO) announce in this Form 6-K?

EZGO completed a private investment in public equity (PIPE), issuing 3,000,000 ordinary shares at US$0.50 per share to certain non-U.S. investors, for aggregate gross proceeds of US$1.5 million.

What price did EZGO (EZGO) receive per share in the PIPE financing?

EZGO sold the PIPE shares at a purchase price of US$0.50 per ordinary share, resulting in aggregate gross proceeds of US$1.5 million from the sale of 3,000,000 shares.

When did EZGO (EZGO) close the PIPE transaction?

EZGO states that the 3,000,000 ordinary shares were issued on August 19, 2026, and that the PIPE transaction is closed as of that date.

How will EZGO (EZGO) use the proceeds from the PIPE?

EZGO states that it intends to use the net proceeds from the US$1.5 million PIPE financing for general corporate purposes.

Were the EZGO (EZGO) PIPE shares registered with the SEC?

No. EZGO indicates the shares were offered and sold in reliance on Regulation S under the Securities Act and have not been registered. They are subject to customary transfer restrictions and cannot be offered or sold in the United States absent registration or an applicable exemption.

Who participated in the EZGO (EZGO) PIPE offering?

EZGO describes the buyers as certain non-U.S. investors that entered into a Securities Purchase Agreement with the company in connection with the PIPE financing.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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 August 2026

 

Commission File Number: 001-39833

 

EZGO Technologies Ltd.

(Translation of registrant’s name into English)

 

Building #A, Floor 2, Changzhou Institute of Dalian University of Technology

Science and Education Town

Wujin District, Changzhou City

Jiangsu, China 213164

(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 ☐

 

 

 

  

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

On August 5, 2026, EZGO Technologies Ltd., a British Virgin Islands company (the “Company”), entered into a securities purchase agreement (the “Securities Purchase Agreement”) with certain non-U.S. investors (the “Purchasers”) in connection with a private investment in public equity transaction (the “PIPE”).

 

Pursuant to the Securities Purchase Agreement, the Company agreed to issue and sell to the Purchasers, and the Purchasers agreed to purchase from the Company, an aggregate of 3,000,000 ordinary shares of the Company (of no par value) (the “Shares”) at a purchase price of US$0.50 per share, for aggregate gross proceeds of US$1.5 million.

 

The Securities Purchase Agreement contains customary representations, warranties and covenants of the Company and the Purchasers, including representations relating to organization, authorization, and compliance with applicable laws, as well as customary closing conditions.

 

The Shares issued in the PIPE are subject to customary transfer restrictions and were offered and sold in reliance on an exemption from registration under Regulation S promulgated under the Securities Act of 1933, as amended. The securities have not been registered under the Securities Act or applicable state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

 

The Company intends to use the net proceeds from the PIPE for general corporate purposes.

 

On August 19, 2026, the Company issued the Shares and the PIPE is closed.

 

The foregoing description of the Securities Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Securities Purchase Agreement, a copy of which is filed as exhibit 10.1 to this Report and incorporated herein by reference.

 

Forward-Looking Statements:

 

This Current Report contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. All statements other than statements of historical facts included in this Current Report are forward-looking statements. Forward-looking statements include, but are not limited to, express or implied statements regarding expectations, hopes, beliefs, intentions or strategies of the Company regarding the future including, without limitation, express or implied statements regarding: the expected completion of the Private Placement, the potential full exercise of the Purchaser Warrants and the additional proceeds therefrom. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s current beliefs, expectations and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. Forward-looking statements are based on current expectations and assumptions that, while considered reasonable are inherently uncertain. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties. The Company’s actual results may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results to differ materially from those indicated in the forward-looking statements include the risks and uncertainties described in the Company’s annual report on Form 20-F for the fiscal year ended September 30, 2025, filed with the U.S. Securities and Exchange Commission (the “Commission”) on December 29, 2025, and the Company’s other filings with the Commission. Except as required by law, the Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

 

 1 

 

EXHIBIT INDEX

 

Exhibit No.   Description
10.1   Form of Securities Purchase Agreement.

 

 2 

 

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.

 

  EZGO Technologies Ltd.
     
Date: August 20, 2026 By: /s/ Jianhui Ye
  Name:  Jianhui Ye
  Title: Chief Executive Officer

 

 3 

 

 

 

 

Filing Exhibits & Attachments

1 document