IPO - Ostin Technology Group Co., Ltd.
Form Type: 424B5
Filing Date: 2025-04-15
Corporate Action: Ipo
Type: New
Accession Number: 000121390025032063
Filing Summary: Ostin Technology Group Co., Ltd. is offering 9,090,908 Class A Ordinary Shares and associated purchase warrants for up to 90,909,080 Class A Ordinary Shares. Shares are priced at $0.55 each, with warrants having an exercise price of $0.80. Shares and warrants are being offered to several investors under a securities purchase agreement dated April 14, 2025. The offering will be delivered on or about April 15, 2025. The last trade price of Class A Ordinary Shares was $0.7993 on April 14, 2025. There are potential risks involved due to the regulatory environment in China and implications from U.S. regulations impacting foreign companies.
Additional details:
Class A Ordinary Shares Offered: 9,090,908
Warrants Exercise Price: 0.80
Combined Offering Price: 0.55
Reset Exercise Price: 0.16
Reset Date: 2025-04-21
Total Aggregate Market Value: 77095203
Total Outstanding Class A Shares: 26862440
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