Golden Heaven sets up $50M at-the-market offering
Golden Heaven Group Holdings Ltd. (GDHG) has entered into a Sales Agreement with Craft Capital Management LLC for an at-the-market equity program.
Rhea-AI Filing Summary
Golden Heaven Group Holdings Ltd. (GDHG) has entered into a Sales Agreement with Craft Capital Management LLC for an at-the-market equity program. The company may, from time to time, offer and sell Class A ordinary shares with an aggregate offering price of up to $50,000,000 through the sales agent.
Shares will be issued under an effective Form F-3 shelf, using a base prospectus dated February 2, 2026 and a prospectus supplement dated August 31, 2026. Craft Capital and the executing broker will receive 5.0% of gross proceeds as compensation, plus reimbursed expenses up to $65,000 initially and $2,500 per calendar quarter of use. Golden Heaven is not obligated to sell any shares, and the sales agent is not obligated to buy shares on a principal basis.
Positive
- None.
Negative
- None.
Key Figures
Aggregate offering price: $50,000,000
Sales agent compensation: 5.0% of gross proceeds
Expense reimbursement cap: $65,000
+2 more
5 metrics
Aggregate offering price
$50,000,000
Maximum aggregate offering price of Class A ordinary shares under the Sales Agreement
Sales agent compensation
5.0% of gross proceeds
Aggregate compensation to sales agent and executing broker for each sale of Offered Shares
Expense reimbursement cap
$65,000
Maximum reimbursement of sales agent expenses in connection with the offering
Quarterly expense reimbursement
$2,500 per calendar quarter
Additional reimbursement cap for each calendar quarter in which the Sales Agreement is utilized
Form F-3 file number
File No. 333-292462
Shelf registration statement under which the Offered Shares will be sold
Key Terms
at the market offering, shelf registration statement, prospectus supplement, indemnification and contribution rights, +1 more
5 terms
at the market offering financial
"deemed to be an “at the market offering” as defined by Rule 415(a)(4)"
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.
shelf registration statement regulatory
"form a part of 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.
prospectus supplement regulatory
"a prospectus supplement, dated August 31, 2026, that form a part"
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.
indemnification and contribution rights financial
"agreed to provide the Sales Agent and applicable executing broker with customary indemnification and contribution rights"
Form F-3 regulatory
"Company’s shelf registration statement on Form F-3, as amended"
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.
Offering Details
ATM
Offering
Offering Type
ATM
FAQ
What equity offering did GDHG announce in this Form 6-K?
Golden Heaven Group Holdings Ltd. announced an at-the-market equity program allowing it to sell Class A ordinary shares with an aggregate offering price of up to $50,000,000 through Craft Capital Management LLC as sales agent under an effective Form F-3 shelf registration.
How much can Golden Heaven (GDHG) raise under the new ATM program?
Golden Heaven may offer and sell Class A ordinary shares with an aggregate offering price of up to $50,000,000 under the Sales Agreement with Craft Capital Management LLC, conducted as an at-the-market offering under Rule 415(a)(4).
What fees will GDHG pay under the Sales Agreement for the ATM offering?
Golden Heaven will pay the sales agent and applicable executing broker an aggregate compensation of 5.0% of the gross proceeds from each sale of Offered Shares, plus reimbursement of offering-related expenses up to $65,000 and up to $2,500 per calendar quarter of use.
Which registration statements does this GDHG Form 6-K incorporate by reference?
The Form 6-K is incorporated by reference into Golden Heaven’s registration statements on Form S-8 (File Nos. 333-279423 and 333-283714) and on Form F-3 (File Nos. 333-279942, 333-292462, and 333-295337).
AI-generated analysis. How Rhea-AI works. Not financial advice.
