Every 424B that XCHG Limited (XCH) has filed with the SEC in the last 12 months is listed below, 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 XCH 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 XCH filings page.
XCHG Limited is offering 7,000,000 ADSs in a registered direct offering at a purchase price of $0.625 per ADS, representing 280,000,000 Class A Ordinary Shares (each ADS = 40 Class A Ordinary Shares). The gross proceeds are $4,375,000; net proceeds are expected to be approximately $3.9 million after placement agent fees and expenses. The Placement Agent will receive a cash fee equal to 6.75% of gross proceeds. The ADSs are listed on Nasdaq under the symbol XCH, and initial delivery is expected on or about June 29, 2026. Use of proceeds is stated as working capital and general corporate purposes.
XCH files an amendment to its prospectus supplement that fixes the size of an at-the-market ADS offering at up to $50,000 of American Depositary Shares. The amendment states the company sold 22,000 ADSs for gross proceeds of $25,018 during the prior 12 months and sets the continuous offering limit to $50,000 under the Sales Agreement with A.G.P.
The amendment also reports an approximate aggregate market value of Class A ordinary shares held by non-affiliates of $15,232,778.40, based on 580,296,320 Class A Ordinary Shares (≈ 14,507,408 ADSs) and an ADS price of $1.05 per ADS as of May 4, 2026. The filing reiterates risk factors related to PRC operations and PCAOB inspection risks.
XCHG Limited is launching an at-the-market equity program to sell up to $12,800,000 of American Depositary Shares (ADSs), each representing 40 Class A ordinary shares, through A.G.P./Alliance Global Partners as sales agent or principal.
ADSs will be sold from time to time on Nasdaq under the symbol “XCH,” with A.G.P. earning a 3.0% commission on gross sales. An illustrative maximum sale of 12,075,471 ADSs at $1.06 could represent about 22.79% of outstanding Class A ordinary shares, creating potential dilution for existing holders.
The company intends to use net proceeds for working capital and general corporate purposes, including research and development, operations and capital expenditures. XCHG is an emerging growth Cayman holding company with substantial operations in the PRC, and highlights risks from PRC regulation, HFCAA-related trading threats and its dual-class share structure.