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iOThree Limited ( (IOTR) ) has shared an update.
On January 10, 2026, iOThree Limited entered into securities purchase agreements with a group of investors to conduct a private placement of 2,298,852 ordinary shares at $0.87 per share, raising approximately $2.0 million. The transaction, expected to close within ten business days of signing, is being carried out under exemptions from U.S. registration requirements for offshore offerings and includes customary closing conditions, representations, warranties and indemnities; iOThree plans to deploy the net proceeds for working capital and general corporate purposes, bolstering its liquidity and operational flexibility for stakeholders.
More about iOThree Limited
iOThree Limited is a Cayman Islands–incorporated company listed on the Nasdaq Capital Market, with principal executive offices in Singapore. The company has filed as a foreign private issuer with the U.S. Securities and Exchange Commission and reports under Form 20-F, indicating it operates in international markets and accesses U.S. capital markets for its financing needs, though the specific industry and products are not disclosed in this filing.
Average Trading Volume: 487,662
Technical Sentiment Signal: Strong Buy
Current Market Cap: $6.69M
For a thorough assessment of IOTR stock, go to TipRanks’ Stock Analysis page.