HAO issues 5,217,391 Class A shares at $0.23 in Reg S deal
Rhea-AI Filing Summary
Haoxi Health Technology Limited closed a Regulation S private placement to non‑U.S. persons, issuing 5,217,391 Class A ordinary shares at $0.23 per share for gross proceeds of $1.2 million. The transaction closed on October 22, 2025, and net proceeds will be used for working capital and general corporate purposes.
Following the closing, shares outstanding were 7,503,028 Class A and 690,800 Class B, each with a par value of $0.0025, as of the date of this report. The shares were issued in reliance on the Securities Act’s Regulation S exemption.
Positive
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Negative
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Insights
Neutral: HAO raises
Haoxi Health completed a Regulation S private placement, selling 5,217,391 Class A shares at
Proceeds are earmarked for working capital and general corporate purposes, a typical use that supports liquidity rather than a specific project. The filing states issuance relied on Regulation S, indicating sales to non‑U.S. persons.
Post‑deal, outstanding shares were 7,503,028 Class A and 690,800 Class B as of the report date. Actual market impact depends on trading dynamics and future disclosures; the document provides no guidance beyond the closing on