Zeta Network Group SEC Filings

Zeta Network Group reported a completed private placement (PIPE) under a securities purchase agreement, selling units priced at $1.70 per unit, each consisting of one Class A ordinary share and a warrant to buy one share. The filing states estimated aggregate gross proceeds of $230,837,060.2, with the warrants immediately exercisable for 60 months at an exercise price of $2.55 per share. The consideration is payable by 2,000 SolvBTC, a 1:1 wrapped Bitcoin-backed token issued by Solv Protocol.

The transaction closed on October 17, 2025 and includes customary representations, warranties, covenants, and closing conditions. A press release announcing the pricing and signing was issued on October 15, 2025. The warrant form and the SPA are filed as exhibits to this report.

Zeta Network Group completed a registered direct offering, selling 800,000 Class A ordinary shares at $1.00 per share and pre-funded warrants to purchase up to 14,200,000 Class A ordinary shares at $0.9975 per warrant. The transaction closed on October 9, 2025 and generated approximately $15 million in gross proceeds, which the company plans to use for working capital and general corporate purposes.

The pre-funded warrants carry a $0.0025 per-share exercise price, are exercisable immediately, and include a 9.99% beneficial ownership limitation. As of this report, purchasers exercised pre-funded warrants for 800,000 shares, which the company has issued. Univest Securities acted as exclusive placement agent, earning a 7% cash fee on gross proceeds and up to $50,000 in reimbursed expenses. For 45 days from closing, the company agreed not to issue or announce new equity (with limited exceptions) or engage in variable rate transactions. The securities were offered under the company’s effective Form F-3 and an October 7, 2025 prospectus supplement.

Color Star Technology Co., Ltd. offers Class A Ordinary Shares and Pre-Funded Warrants in a registered offering that will materially increase the share count if exercised. The public offering price is $1.00 per Class A share and $0.9975 per Pre-Funded Warrant, with each Pre-Funded Warrant exercisable for one Class A Ordinary Share at an exercise price of $0.0025. There were 7,382,660 Class A Ordinary Shares outstanding immediately before the offering and, assuming full exercise of the Pre-Funded Warrants sold in this offering, 22,382,662 Class A Ordinary Shares outstanding immediately after the offering. Net proceeds are intended for working capital and general corporate purposes.

The placement agent fee is approximately $0.069825 per unit (totaling $1,047,515 in the disclosed example) leaving proceeds before expenses of about $0.927675 per unit (totaling $13,916,985 in the disclosed example). The Class A Ordinary Shares trade on the Nasdaq Capital Market under the symbol CJET. The document discloses substantial potential dilution to existing shareholders, Nasdaq home‑country practice differences for corporate governance, and a broad list of risk factors including cryptocurrency‑mining regulation, funding needs, and Nasdaq continued‑listing risks.