STOCK TITAN

JIADE LIMITED (JDZG) completes $8.64M additional closing in $12M registered direct share sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

JIADE LIMITED has completed the additional closing of its registered direct offering of Class A ordinary shares. On June 1, 2026, the company issued 3,600,000 shares at $2.40 per share, raising $8,640,000 in gross proceeds under an effective shelf registration on Form F-3.

This follows an initial closing of $3,360,000, bringing the total raised in the offering to $12,000,000. The per-share price reflects a 10-for-1 share consolidation effective June 1, 2026. JIADE intends to use the net proceeds for general corporate purposes, including working capital.

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Insights

JIADE raises $12M through a registered direct share offering.

JIADE LIMITED completed an additional closing of its registered direct offering, issuing 3,600,000 Class A ordinary shares at $2.40 per share for gross proceeds of $8.64M. Combined with the earlier tranche of $3.36M, the aggregate proceeds reach $12.0M.

The shares were sold under an effective Form F-3 shelf, allowing the company to tap equity markets relatively efficiently. The 10-for-1 share consolidation completed on June 1, 2026 underpins the higher per-share price of the additional closing shares.

The company plans to use net proceeds for general corporate purposes, including working capital, which can support ongoing operations and growth initiatives. Actual effects for existing holders depend on the company’s size and future execution, which are not detailed in this excerpt.

Aggregate offering size $12,000,000 Total Class A ordinary shares registered direct offering
Initial closing proceeds $3,360,000 Initial closing of Class A ordinary shares on May 7, 2026
Additional closing proceeds $8,640,000 Additional closing on June 1, 2026
Additional closing shares 3,600,000 shares Class A ordinary shares issued at additional closing
Additional closing price $2.40 per share Price per Class A share after 10-for-1 consolidation
Original agreed shares 50,000,000 shares Class A ordinary shares at $0.24 per share pre-consolidation
Students served - National Unified Exam 23,205 students Year ended December 31, 2025
Online course services users 88,055 individuals Year ended December 31, 2025
registered direct offering financial
"completed the additional closing of $8.64 million of its Class A ordinary shares in a registered direct offering"
A registered direct offering is a way for a company to sell new shares of its stock directly to select investors with regulatory approval. This method allows the company to raise funds quickly and efficiently without needing a public auction, similar to offering exclusive access to a limited number of buyers. For investors, it often provides an opportunity to purchase shares at a favorable price, while giving the company immediate access to capital.
share consolidation financial
"reflecting the Company’s 10-for-1 share consolidation effected on June 1, 2026"
Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.
shelf registration statement regulatory
"pursuant to an effective shelf registration statement on Form F-3 (File No. 333-292574)"
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.
Form F-3 regulatory
"registration statement on Form F-3 (File No. 333-292574), initially filed"
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.
forward-looking statements regulatory
"This press release contains forward-looking statements. These statements involve known and unknown risks and uncertainties"
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.
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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 June 2026

 

Commission file number: 001-42098

 

 

JIADE LIMITED

 

 

18/F, Block D, Huirong Plaza, No. 88, Section 3, Jinhua Road

Jinjiang District, Chengdu City, Sichuan Province

The 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 x            Form 40-F ¨

 

 

 

 

 

 

Entry into Material Definitive Agreement; Completion of Additional Closing

 

As previously announced, on May 4, 2026, JIADE LIMITED, a company incorporated under the laws of the Cayman Islands (the “Company”), entered into a certain securities purchase agreement (the “Securities Purchase Agreement”) with each of certain purchasers (each, a “Purchaser,” and collectively, the “Purchasers”). Pursuant to the Securities Purchase Agreement, each Purchaser agreed to purchase, and the Company agreed to issue and sell to the Purchasers, an aggregate of 50,000,000 Class A ordinary shares of the Company, subject to adjustments for forward and reverse stock splits, recapitalizations, stock dividends and the like after the date of the Securities Purchase Agreement (the “Shares”), at a purchase price of $0.24 per share, for an aggregate purchase price of $12,000,000. The Securities Purchase Agreement provided for an initial closing of $3,360,000 of the Company’s Class A ordinary shares, which closing occurred on May 7, 2026 (the “Initial Closing”), and an additional closing of $8,640,000 of the Company’s Class A ordinary shares on a date to be determined by the Company but no later than June 30, 2026 (the “Additional Closing”), subject to the satisfaction of customary and other closing conditions. In addition to the customary closing conditions, the Securities Purchase Agreement conditioned the Additional Closing upon the Company effectuating a share consolidation and adopting its Third Amended and Restated Memorandum and Articles of Association, the fulfillment of which additional conditions were announced in the Current Report on Form 6-K filed with the U.S. Securities and Exchange Commission (the “Commission”) on May 27, 2026.

 

On June 1, 2026, the Additional Closing occurred and the Company will issue 3,600,000 Class A ordinary shares (the “Additional Closing Shares”) upon the confirmed receipt of $8,640,000 in gross proceeds from the Purchasers, before deducting offering expenses. The Additional Closing Shares are being issued at a purchase price of $2.40 per share, reflecting the Company’s 10-for-1 share consolidation effected on June 1, 2026.

 

The Additional Closing Shares were offered under the Company’s registration statement on Form F-3 (File No. 333-292574), initially filed with the Commission on January 5, 2026, and declared effective on January 13, 2026 (the “Registration Statement”). A prospectus supplement to the Registration Statement in connection with the sale of the Additional Closing Shares was filed with the Commission on June 1, 2026. The Securities Purchase Agreement, the transactions contemplated thereby, and the issuance of the Shares have been approved by the Company’s board of directors.

 

For a more complete description of the Securities Purchase Agreement, please refer to the Company’s Current Report on Form 6-K filed with the Commission on May 7, 2026. The foregoing description of the Securities Purchase Agreement and the Additional Closing is qualified in its entirety by reference to the full text of the Form of Securities Purchase Agreement, which was filed as Exhibit 10.1 thereto.

 

This current report on Form 6-K is incorporated by reference into the Company’s registration statement on Form F-3 (File No. 333-292574), filed with the Commission, to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.

 

Exhibits

 

Exhibit No.   Description
5.1   Opinion of Maples and Calder (Hong Kong) LLP
23.2   Consent of Maples and Calder (Hong Kong) LLP (included in Exhibit 5.1)
99.1   Press Release, dated June 1, 2026 

 

1 

 

 

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.

 

  JIADE LIMITED
   
  By: /s/ Yuan Li
  Name:  Yuan Li
  Title: Co-Chief Executive Officer

 

Date: June 1, 2026

 

2 

 

 

Exhibit 99.1

 

JIADE LIMITED Announces Closing of Additional $8.64 Million Registered Direct Offering

 

Chengdu, China, June 1, 2026 (GLOBE NEWSWIRE) -- JIADE LIMITED (Nasdaq: JDZG) (“JIADE” or the “Company”), a provider of one-stop comprehensive education support services for adult education institutions through its subsidiaries in the People’s Republic of China, today announced that the Company has completed the additional closing of $8.64 million of its Class A ordinary shares in a registered direct offering (the “Additional Closing”), following an initial closing of $3.36 million of its Class A ordinary shares, which closing occurred on May 7, 2026. Pursuant to a certain securities purchase agreement, dated May 4, 2026 (the “Agreement”), entered into by and among the Company and certain purchasers (the “Purchasers”), the Company agreed to sell an aggregate of up to $12.0 million of its Class A ordinary shares in the registered direct offering.

 

On June 1, 2026, the Additional Closing occurred, and the Company issued 3,600,000 Class A ordinary shares (the “Additional Closing Shares”) upon the confirmed receipt of $8,640,000 in gross proceeds from the Purchasers, before deducting offering expenses. The Additional Closing Shares are being issued at a purchase price of $2.40 per share, reflecting the Company’s 10-for-1 share consolidation effected on June 1, 2026.

 

The Company intends to use the net proceeds from the sale of the securities for general corporate purposes, including working capital.

 

The securities described above were offered and sold by the Company pursuant to an effective shelf registration statement on Form F-3 (File No. 333-292574), which was initially filed with the U.S. Securities and Exchange Commission (the “SEC”) on January 5, 2026 and became effective on January 13, 2026. The offering of the shares was made only by means of a prospectus and prospectus supplements filed with the SEC.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

About JIADE LIMITED

 

JIADE LIMITED (Nasdaq: JDZG) provides one-stop comprehensive education support services for adult education institutions in China. Through its subsidiaries, the Company offers software-driven and service-based solutions centered around the Kebiao Technology Educational Administration Platform, which streamlines enrollment, student management, learning progress tracking, grade inquiry, and graduation management. JIADE also provides auxiliary services such as pre-enrollment guidance, exam training, application support, tutoring, and exam administration. The Company served 23,205 students taking the National Unified Examination for College Admissions for Adults, 28,240 students enrolled with the Open University of China, and 16,078 students preparing for the Self-taught Higher Education Examinations, provided safety technology training services for both theoretical instruction and practical training components to 16,298 individuals and online courses services to 88,055 individuals for the year ended December 31, 2025.

 

 

 

 

Forward-Looking Statements

 

This press release contains forward-looking statements. These statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and assumptions regarding future events. Forward-looking statements can be identified by words such as “expects,” “plans,” “intends,” “believes,” “may,” “would,” “should,” “could,” “will,” “approximates,” “assesses,” “hopes,” “anticipates,” “estimates,” “projects,” and similar expressions. Actual results may differ materially due to various factors. The Company undertakes no obligation to update any forward-looking statements, except as required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the U.S. Securities and Exchange Commission.

 

For more information, please contact:

 

JIADE LIMITED
Investor Relations Department
Email: kebiao@sckbkj.com

 

Investor Relations Firm
WFS Investor Relations Inc.
Email: services@wealthfsllc.com 
Phone: +1 (628) 283-9214

 

 

 

FAQ

What did JIADE LIMITED (JDZG) announce in this Form 6-K?

JIADE LIMITED announced completion of an additional closing in its registered direct offering, issuing 3,600,000 Class A ordinary shares for $8.64 million in gross proceeds, following an initial closing of $3.36 million, for total aggregate offering proceeds of $12.0 million.

How many shares did JIADE LIMITED (JDZG) sell and at what price?

In the additional closing, JIADE LIMITED sold 3,600,000 Class A ordinary shares at $2.40 per share. This price reflects a 10-for-1 share consolidation that became effective on June 1, 2026, and generated gross proceeds of $8.64 million before offering expenses.

What is the total amount raised in JIADE LIMITED’s (JDZG) registered direct offering?

The company agreed to sell up to $12.0 million of Class A ordinary shares in the registered direct offering. It completed an initial closing of $3.36 million and an additional closing of $8.64 million, reaching the full aggregate offering amount of $12.0 million in gross proceeds.

How will JIADE LIMITED (JDZG) use the proceeds from this share offering?

JIADE LIMITED intends to use the net proceeds from the sale of its Class A ordinary shares for general corporate purposes, including working capital. This typically covers day-to-day operating needs, potential investments, and other corporate activities supporting the company’s education support services business.

Under which registration statement was JIADE LIMITED’s (JDZG) offering conducted?

The securities were offered and sold under an effective shelf registration statement on Form F-3, File No. 333-292574. This registration was initially filed on January 5, 2026 and became effective on January 13, 2026, enabling the registered direct offering of Class A ordinary shares.

What business does JIADE LIMITED (JDZG) operate in, according to the filing?

JIADE LIMITED provides one-stop comprehensive education support services for adult education institutions in China. It offers software-driven and service-based solutions for enrollment, student management, learning progress, grades, and graduation, plus training, exam preparation, and related services through its Kebiao Technology Educational Administration Platform.

Filing Exhibits & Attachments

2 documents