Here are the 424B prospectus supplements from Lianhe Sowell International Group Ltd (LHSW) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow LHSW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LHSW filings page.
Lianhe Sowell International Group Ltd (LHSW) is conducting a primary best-efforts offering of up to 7,638,889 Units, each consisting of one Class A Ordinary Share and three Warrants, at $1.44 per Unit, for maximum gross proceeds of about $11.0 million. The Units are immediately separable into shares and Warrants.
The company is also registering 22,916,667 Warrants and 22,916,667 Class A Ordinary Shares issuable upon Warrant exercise at $1.66 per share for six months from issuance. As a Cayman holding company with substantially all operations in mainland China, Lianhe Sowell highlights significant PRC regulatory, capital-transfer and dividend constraints, and must file this follow-on offering with the CSRC under new overseas-listing rules.
The Class A Ordinary Shares trade on Nasdaq Capital Market under “LHSW”; there will be no public trading market for the Warrants. Prior Nasdaq minimum bid-price deficiencies led to a 1‑for‑16 share consolidation, and the CEO now controls a large majority of voting power through high-vote Class B shares, increasing governance concentration alongside the added dilution potential from this Unit and Warrant structure.