[6-K] Garden Stage Ltd Current Report (Foreign Issuer)
Rhea-AI Filing Summary
Garden Stage Limited closed a private placement of 47,961,831 Class A ordinary shares at US$0.1251 per share, raising gross proceeds of US$6 million. The transaction closed on February 5, 2026, with the shares issued to the participating investors.
The investors agreed to a 60-day lock-up restriction with the company, limiting their ability to sell the new shares during that period. Garden Stage plans to use the proceeds for general corporate purposes. This report is also incorporated by reference into the company’s existing Form F-3 and Form S-8 registration statements.
Positive
- None.
Negative
- None.
Insights
Garden Stage raises US$6M via private placement, adding cash but also new shares.
Garden Stage Limited completed a private placement of 47,961,831 Class A ordinary shares at US$0.1251 per share, generating gross proceeds of
The investors accepted a 60-day lock-up, which temporarily limits resale activity and may help manage near-term trading pressure. The company states it will use the funds for general corporate purposes, a broad category that can include operations, working capital, or other corporate needs.
The filing also incorporates this information into existing Form F-3 and Form S-8 registration statements, aligning the new capital raise with prior shelf and equity compensation frameworks. Actual long-term impact will depend on how effectively the additional capital supports the company’s business objectives.