Hongli Group Inc. closed a private placement offering, issuing 1.3 million ordinary shares to a U.S. investor for aggregate gross proceeds of $325,000.
Key takeaways
The Company closed the transaction on April 24, 2026, issuing 1,300,000 ordinary shares at a price of $0.25 per share.
The offering generated aggregate gross proceeds of $325,000 from a U.S. investor.
The securities were offered in reliance on Section 4(a)(2) and/or Regulation D exemptions from registration.
The transaction was executed pursuant to a Securities Purchase Agreement entered into on April 11, 2026.