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The latest update is out from Mingteng International Corp., Inc. ( (MTEN) ).
On December 4, 2025, Mingteng International Corporation Inc. entered into a sales agreement with AC Sunshine Securities LLC to conduct an at-the-market equity offering of up to US$100 million of its Class A ordinary shares under an effective shelf registration. By January 14, 2026, the company had sold 166,372,558 Class A ordinary shares through this facility, raising approximately US$18.6 million in gross proceeds and receiving about US$16.5 million in net proceeds after commissions and expenses, resulting in a total of 186,138,612 Class A ordinary shares outstanding. As of that date, Mingteng still had roughly US$81.4 million of remaining capacity under the ATM program, which remains active, and it plans to deploy the funds raised for general corporate purposes such as working capital, business development initiatives and capital expenditures, signaling an ongoing effort to strengthen its balance sheet and support future growth.
The most recent analyst rating on (MTEN) stock is a Hold with a $0.03 price target. To see the full list of analyst forecasts on Mingteng International Corp., Inc. stock, see the MTEN Stock Forecast page.
Spark’s Take on MTEN Stock
According to Spark, TipRanks’ AI Analyst, MTEN is a Neutral.
The score is primarily pressured by weak financial quality (negative margins and declining free cash flow) and very bearish technicals (deeply below moving averages with negative MACD). Valuation provides limited support because the P/E is negative due to losses and no dividend yield is available.
To see Spark’s full report on MTEN stock, click here.
More about Mingteng International Corp., Inc.
Mingteng International Corporation Inc. is a foreign private issuer incorporated outside the United States and listed in the U.S. capital markets, with its principal executive offices located in Wuxi, Jiangsu Province, China. The company has issued Class A ordinary shares that trade in the U.S., and it uses SEC shelf registration statements to access equity capital via public offerings, including at-the-market (ATM) programs, as part of its ongoing financing strategy.
Average Trading Volume: 15,367,168
Technical Sentiment Signal: Sell
Current Market Cap: $526K
For detailed information about MTEN stock, go to TipRanks’ Stock Analysis page.