Golden Heaven Group Private Placement of 20M Shares
Ticker: GDHG · Form: 6-K · Filed: Nov 19, 2024 · CIK: 1928340
Sentiment: neutral
Topics: private-placement, equity-offering, capital-raise
TL;DR
Golden Heaven Group just sold 20M shares in a private placement. New cash incoming.
AI Summary
On November 18, 2024, Golden Heaven Group Holdings Ltd. entered into a Securities Purchase Agreement with certain investors for a private placement. The agreement involves the subscription and purchase of 20,000,000 Class A Ordinary Shares by these investors.
Why It Matters
This private placement could provide Golden Heaven Group with new capital, potentially impacting its financial flexibility and future growth initiatives.
Risk Assessment
Risk Level: medium — Private placements can dilute existing shareholders and the terms of the deal are not fully disclosed, introducing uncertainty.
Key Numbers
- 20,000,000 — Class A Ordinary Shares (Number of shares to be purchased in the private placement)
Key Players & Entities
- Golden Heaven Group Holdings Ltd. (company) — Filer of the 6-K and seller in the private placement
- November 18, 2024 (date) — Date of the Securities Purchase Agreement
- 20,000,000 Class A Ordinary Shares (security) — Number and type of shares being sold in the private placement
FAQ
What is the price per share for the 20,000,000 Class A Ordinary Shares in the private placement?
The filing does not specify the price per share for the 20,000,000 Class A Ordinary Shares in the private placement.
Who are the specific investors purchasing the shares in the private placement?
The filing refers to 'certain investors' but does not name them specifically.
What is the total dollar amount expected to be raised from this private placement?
The filing states the number of shares but does not disclose the total dollar amount to be raised.
What will Golden Heaven Group Holdings Ltd. use the proceeds from this private placement for?
The filing does not detail the intended use of the proceeds from the private placement.
When is the closing date for this securities purchase agreement?
The filing does not specify the closing date for the securities purchase agreement.
Filing Stats: 628 words · 3 min read · ~2 pages · Grade level 11.2 · Accepted 2024-11-19 16:05:04
Key Financial Figures
- $25.2 million — Shares for a total purchase price of US$25.2 million. In the event that the Company fails to
- $1.386 — in aggregate at an exercise price of US$1.386. The Warrants will expire five (5) year
- $1 — the exercise price were amended to be US$1.386, and (ii) the existing holders of w
- $25.2 Million — p Holdings Ltd. Secures Investment of US$25.2 Million and Enters Into Amendments to Outstandi
Filing Documents
- ea0221795-6k_golden.htm (6-K) — 14KB
- ea022179501ex99-1_golden.htm (EX-99.1) — 7KB
- ea022179501ex99-2_golden.htm (EX-99.2) — 118KB
- ea022179501ex99-3_golden.htm (EX-99.3) — 83KB
- ea022179501ex99-4_golden.htm (EX-99.4) — 17KB
- 0001213900-24-100148.txt ( ) — 241KB
SIGNATURES
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. Dated: November 19, 2024 GOLDEN HEAVEN GROUP HOLDINGS LTD. By: /s/ Jin Xu Name: Jin Xu Title: Chief Executive Officer 3