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Mingteng (Nasdaq: MTEN) closes $2.26M registered direct offering

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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Mingteng International Corporation Inc. completed a registered direct offering of 1,131,004 Class A ordinary shares and pre-funded warrants, raising approximately $2.26 million in gross proceeds. The structure combined 501,834 shares at $2.00 per share with pre-funded warrants for 629,170 shares, priced at $1.99995 with a remaining exercise price of $0.00005 per share.

All pre-funded warrants were exercisable immediately and were fully exercised on June 9, 2026, with the resulting 629,170 shares issued on June 10, 2026. The company plans to use the net proceeds for working capital and general corporate purposes, and certain shareholders, including directors and executive officers, agreed to 60-day lock-up arrangements following closing.

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Total securities offered 1,131,004 Class A ordinary shares Registered direct offering announced and closed June 2026
Direct shares sold 501,834 shares at $2.00 Class A ordinary shares in the offering
Pre-funded warrant shares 629,170 shares Underlying Class A shares from pre-funded warrants
Gross proceeds $2.26 million Aggregate gross proceeds from the offering
Warrant exercise price $0.00005 per share Exercise price for each pre-funded warrant share
Placement fee rate 7.0% of gross proceeds Cash placement agent fee to FT Global Capital, Inc.
Expense reimbursement cap $110,000 Maximum reimbursable offering-related expenses to placement agent
Lock-up period 60 days Post-closing lock-up for certain shareholders
registered direct offering financial
"the Company agreed to issue and sell, in a registered direct offering (the “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.
pre-funded warrants financial
"pre-funded warrants (the “Pre-Funded Warrants”) to purchase up to 629,170 Class A Ordinary Shares"
Pre-funded warrants are financial instruments that give investors the right to purchase a company's stock at a set price, but with most or all of the purchase price paid upfront. They function like a coupon or gift card for stock, allowing investors to buy shares later at a fixed price, which can be beneficial if they want to avoid future price increases. This makes them important for investors seeking flexibility and certainty in their investment plans.
shelf registration statement regulatory
"pursuant to a shelf registration statement on Form F-3 (File No. 333-287843)"
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.
lock-up agreements financial
"shareholders ... entered into lock-up agreements with the Placement Agent"
A lock-up agreement is a contract that prevents company insiders—founders, employees, and early investors—from selling their shares for a set period after a public stock offering. It matters to investors because it keeps a large block of shares off the market temporarily; when the lock-up ends, those holders can sell and this increased supply can cause the stock price to fall, similar to a timed release that suddenly opens a valve.
beneficial ownership financial
"would otherwise have resulted in the Purchasers ... beneficially owning more than 4.99% or 9.99%"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Private Securities Litigation Reform Act of 1995 regulatory
"forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995"
Offering Type registered direct shelf takedown
Use of Proceeds working capital and general corporate purposes

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FAQ

What did Mingteng International Corporation Inc. (MTEN) announce in this 6-K?

Mingteng International completed a registered direct offering raising about $2.26 million. It sold Class A ordinary shares and pre-funded warrants to institutional investors under an effective shelf registration statement on Form F-3.

How many Mingteng (MTEN) shares were involved in the registered direct offering?

The offering covered 1,131,004 Class A ordinary shares. This included 501,834 shares sold directly and 629,170 shares issuable from pre-funded warrants, all of which were exercised and converted into shares shortly after issuance.

What price did Mingteng (MTEN) receive per share in the offering?

Mingteng sold Class A ordinary shares at $2.00 per share. Pre-funded warrants were priced at $1.99995 each, reflecting the same total economics with a remaining exercise price of $0.00005 per underlying share.

How will Mingteng (MTEN) use the $2.26 million gross proceeds?

The company intends to use the net proceeds from the approximately $2.26 million registered direct offering for working capital and general corporate purposes, providing additional liquidity to support its ongoing operations and business needs.

What are the key terms of Mingteng (MTEN) pre-funded warrants in this deal?

Each pre-funded warrant allows purchase of one Class A ordinary share at an exercise price of $0.00005. The warrants were exercisable immediately, subject to beneficial ownership limits of 4.99% or 9.99%, and were fully exercised on June 9, 2026.

 

 

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: 001-42024

 

Mingteng International Corporation Inc.

 

No. 10 Fushi Road, Luoshe Town, Huishan District,

Wuxi, Jiangsu Province, China 214000

(Address of principal executive office)

 

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 ☒     Form 40-F ☐

 

 

 

 

 

 

On June 9, 2026, Mingteng International Corporation Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with certain institutional investors (the “Purchasers”), pursuant to which the Company agreed to issue and sell, in a registered direct offering (the “Offering”): (i) 501,834 Class A ordinary shares of the Company, par value $0.00005 per share (the “Class A Ordinary Shares”) (the “Shares”), at a purchase price of $2.00 per Share; and (ii) pre-funded warrants (the “Pre-Funded Warrants”) to purchase up to 629,170 Class A Ordinary Shares, at a purchase price of $1.99995 per Pre-Funded Warrant (equal to the $2.00 purchase price per Share, less the $0.00005 per share exercise price of the Pre-Funded Warrants).

 

The Offering was closed on June 10, 2026. The Company received approximately $2.26 million in gross proceeds from the Offering, before deducting placement agent fees and estimated offering expenses. The Company intends to use the net proceeds from the Offering for working capital and general corporate purposes.

 

The Pre-Funded Warrants were sold to the Purchasers whose purchase of the Shares in the Offering would otherwise have resulted in the Purchasers, together with their affiliates and certain related parties, beneficially owning more than 4.99% or 9.99% (as applicable to the relevant Purchaser) of the outstanding issued and outstanding Class A Ordinary Shares of the Company following the consummation of the Offering. Each Pre-Funded Warrant represents the right to purchase one Class A Ordinary Share at an exercise price of $0.00005 per share. The Pre-Funded Warrants are exercisable immediately and may be exercised at any time until the Pre-Funded Warrants are exercised in full (subject to the beneficial ownership limitation described above). All of the Pre-Funded Warrants were exercised in full on June 9, 2026, and the Company issued an aggregate of 629,170 Class A Ordinary Shares upon exercise thereof on June 10, 2026.

 

The Purchase Agreement contains customary representations, warranties and agreements by the Company, customary conditions to closing, indemnification obligations of the Company, other obligations of the parties, and termination provisions. In connection with the Offering, the shareholders listed on the schedule to the Purchase Agreement (including the Company’s directors and executive officers) entered into lock-up agreements with the Placement Agent, pursuant to which they agreed not to sell or transfer any of the Company’s securities that they hold, subject to certain customary exceptions, during the 60-day period following the closing of the Offering.

 

The Shares, the Pre-Funded Warrants and the Class A Ordinary Shares underlying the Pre-Funded Warrants were offered by the Company pursuant to a shelf registration statement on Form F-3 (File No. 333-287843) (the “Registration Statement”), previously filed with and declared effective by the Securities and Exchange Commission (the “Commission”) on November 18, 2026, the base prospectus filed as part of the Registration Statement, and the prospectus supplement dated June 10, 2026 (the “Prospectus Supplement”).

 

On June 9, 2026, the Company entered into a placement agency agreement (the “Placement Agency Agreement”) with FT Global Capital, Inc. (“FT Global” or the “Placement Agent”), pursuant to which the Company engaged FT Global as the exclusive placement agent in connection with the Offering. The Placement Agent agreed to use its reasonable best efforts to arrange for the sale of the Shares and the Pre-Funded Warrants. Under the Placement Agency Agreement, the Company agreed to pay the Placement Agent a cash placement agent fee equal to 7.0% of the aggregate gross proceeds raised in the Offering, and to reimburse the Placement Agent for certain of its Offering related expenses in an amount not to exceed $110,000.

 

1

 

 

The foregoing summaries of the the Pre-Funded Warrants, Purchase Agreement and the Placement Agency Agreement do not purport to be complete and are subject to, and qualified in their entirety by, such documents filed as Exhibits 4.1, 10.1 and 10.2, respectively, hereto and incorporated by reference herein. Copies of the pricing press release and closing press release related to the Offering are furnished as Exhibit 99.1 and 99.2 hereto and is incorporated by reference herein.

 

Copies of the opinion of Mourant Ozannes (Cayman) LLP, Cayman Islands counsel to the Company, and the opinion of Ortoli Rosenstadt LLP, U.S. counsel to the Company, relating to the legality of the issuance and sale of the Shares and the Pre-Funded Warrants, respectively, are filed as Exhibits 5.1 and 5.2 hereto, respectively.

 

This Report is incorporated by reference into the Registration Statement on Form F-3 (File No. 333-287843) of the Company, 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.

 

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

 

Forward-Looking Statements:

 

This Report contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. For example, the Company is using forward-looking statements when it discusses the closing of the Registered Direct Offering and the anticipated use of proceeds therefrom. All statements other than statements of historical facts included in this Report are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s current beliefs, expectations and assumptions regarding the future of its business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. The Company’s actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause the Company’s actual results and financial condition to differ materially from those indicated in the forward-looking statements include the risks and uncertainties described in the Company’s annual report on Form 20-F for the year ended December 31, 2025, filed with the Commission on April 30, 2026, and the Company’s other filings with the Commission. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

 

Exhibit Index

 

Exhibit No.   Description
4.1   Form of Pre-Funded Warrant
5.1   Opinion of Mourant Ozannes (Cayman) LLP
5.2   Opinion of Ortoli Rosenstadt LLP
10.1   Form of Securities Purchase Agreement, dated June 9, 2026, by and among the Company and the purchasers thereto
10.2   Placement Agent Agreement, dated June 9, 2026
23.1   Consent of Mourant Ozannes (Cayman) LLP (included in Exhibit 5.1)
23.2   Consent of Ortoli Rosenstadt LLP (included in Exhibit 5.2)
99.1   Press Release on Pricing of the Company’s Registered Direct Offering
99.2   Press Release on Closing of the Company’s Registered Direct Offering

 

2

 

 

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.

 

Date: June 10, 2026 Mingteng International Corporation Inc.
     
  By: /s/ Yingkai Xu
  Name: Yingkai Xu
  Title: Chief Executive Officer

 

3

Exhibit 99.1

 

Mingteng International Corporation Inc. Announces Pricing of $2.26 Million Registered Direct Offering

 

Jiangsu, China, June 09, 2026 (GLOBE NEWSWIRE) -- Mingteng International Corporation Inc. (Nasdaq: MTEN) (the “Company”) today announced that it has entered into a securities purchase agreement with certain institutional investors for the sale of up to 1,131,004 Class A ordinary shares, par value $0.00005 per share (“Class A Ordinary Shares”), at a purchase price of $2.00 per share, and pre-funded warrants to purchase Class A Ordinary Shares at an original exercise price of $2.00, with $1.99995 of the original exercise price pre-funded at the closing, and a remaining exercise price of $0.00005 per Class A Ordinary Share.

 

The gross proceeds from the offering are expected to be approximately $2.26 million, before deducting placement agent fees and other offering expenses.

 

The Company expects to use the net proceeds from this offering for working capital and general corporate purposes.

 

The offering is expected to close on or about June 10, 2026, subject to the satisfaction of customary closing conditions. 

 

FT Global Capital, Inc. is acting as the exclusive placement agent for the offering.

 

The offering is being made pursuant to the Company’s “shelf” registration statement on Form F-3 (File No. 333- 287843), initially filed with the U.S. Securities and Exchange Commission (the “SEC”) on June 6, 2025 and declared effective on June 25, 2025, as amended by Post-Effective Amendment No. 1 filed on October 7, 2025 and Post-Effective Amendment No. 2 filed on October 24, 2025, and declared effective by the SEC on November 18, 2025. A prospectus supplement and accompanying base prospectus describing the terms of the offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, 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.

 

Safe Harbor Statement

 

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including those regarding Mingteng International Corporation Inc.’s beliefs and expectations about its business strategy, growth outlook, and operational plans are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to: (i) capital and credit market volatility, (ii) local and global economic conditions, (iii) anticipated growth strategies and integration plans, (iv) regulatory changes or governmental approvals, and (v) future business development, operational results, and financial performance of Mingteng International Corporation Inc.. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. All information provided in this press release is as of the date of this press release, and Mingteng International Corporation Inc. undertakes no obligation to update such information, except as required under applicable law.

 

About Mingteng International Corporation Inc.

 

Based in China, Mingteng International Corporation Inc. is an automotive mold developer and supplier that focuses on molds used in auto parts. The Company provides customers with comprehensive and personalized mold services, covering mold design and development, mold production, assembly, testing, repair and after-sales service. With its production plant located in Wuxi, China, the Company aims to build a systematic solution for automobile mold services and create a personalized and integrated “Turnkey Project” for customers. The Company’s main products are casting molds for turbocharger systems, braking systems, steering and differential system, and other automotive system parts. The Company also produces molds for new energy electric vehicle motor drive systems, battery pack systems, and engineering hydraulic components, which are widely used in automobile, construction machinery and other manufacturing industries. For more information, please visit the Company’s website: https://ir.wxmtmj.cn/.

 

For investor and media inquiries, please contact:

 

Mingteng International Corporation Inc.

 

Investor Relations Department
Email: ir@wxmtmj.cn
 

Exhibit 99.2

 

Mingteng International Corporation Inc. Announces Closing of $2.26 Million Registered Direct Offering

 

Jiangsu, China, June 10, 2026 (GLOBE NEWSWIRE) -- Mingteng International Corporation Inc. (Nasdaq: MTEN) (the “Company”) today announced the closing of its previously announced registered direct offering of 1,131,004 Class A ordinary shares, par value $0.00005 per share (“Class A Ordinary Shares”), at a purchase price of $2.00 per share, and pre-funded warrants to purchase Class A Ordinary Shares at an original exercise price of $2.00, with $1.99995 of the original exercise price pre-funded at the closing, and a remaining exercise price of $0.00005 per Class A Ordinary Share.

 

The gross proceeds from the offering were approximately $2.26 million, before deducting placement agent fees and other offering expenses.

 

The Company intends to use the net proceeds from this offering for working capital and general corporate purposes.

 

The offering closed on June 10, 2026. 

 

FT Global Capital, Inc. is acting as the exclusive placement agent for the offering.

 

The offering was made pursuant to the Company’s “shelf” registration statement on Form F-3 (File No. 333- 287843), initially filed with the U.S. Securities and Exchange Commission (the “SEC”) on June 6, 2025 and declared effective on June 25, 2025, as amended by Post-Effective Amendment No. 1 filed on October 7, 2025 and Post-Effective Amendment No. 2 filed on October 24, 2025, and declared effective by the SEC on November 18, 2025. A prospectus supplement and accompanying base prospectus describing the terms of the offering has been filed with the SEC and is available on the SEC’s website at www.sec.gov.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, 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.

 

Safe Harbor Statement

 

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including those regarding Mingteng International Corporation Inc.’s beliefs and expectations about its business strategy, growth outlook, and operational plans are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to: (i) capital and credit market volatility, (ii) local and global economic conditions, (iii) anticipated growth strategies and integration plans, (iv) regulatory changes or governmental approvals, and (v) future business development, operational results, and financial performance of Mingteng International Corporation Inc.. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. All information provided in this press release is as of the date of this press release, and Mingteng International Corporation Inc. undertakes no obligation to update such information, except as required under applicable law.

 

About Mingteng International Corporation Inc.

 

Based in China, Mingteng International Corporation Inc. is an automotive mold developer and supplier that focuses on molds used in auto parts. The Company provides customers with comprehensive and personalized mold services, covering mold design and development, mold production, assembly, testing, repair and after-sales service. With its production plant located in Wuxi, China, the Company aims to build a systematic solution for automobile mold services and create a personalized and integrated “Turnkey Project” for customers. The Company’s main products are casting molds for turbocharger systems, braking systems, steering and differential system, and other automotive system parts. The Company also produces molds for new energy electric vehicle motor drive systems, battery pack systems, and engineering hydraulic components, which are widely used in automobile, construction machinery and other manufacturing industries. For more information, please visit the Company’s website: https://ir.wxmtmj.cn/.

 

For investor and media inquiries, please contact:

 

Mingteng International Corporation Inc.
Investor Relations Department
Email: ir@wxmtmj.cn
  

 

Filing Exhibits & Attachments

7 documents