VisionSys AI Inc announced a $3 million registered direct offering of 3,000,000 ADSs at $1.00 per ADS to institutional investors, expected to close on or about March 30, 2026.
Key takeaways
Company entered securities purchase agreements for 3M ADSs (or pre-funded warrants) at $1.00 per ADS, inclusive of depositary fees.
Gross proceeds estimated at $3 million before placement agent fees and expenses.
Univest Securities, LLC acting as sole placement agent on reasonable best efforts basis.
Offering made pursuant to effective Form F-3 registration statement (File No. 333-284305).
Includes 120-day lock-up agreements for directors and officers.
Legal opinions confirm ADSs and pre-funded warrants are validly issued and binding obligations.