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Oriental Rise Holdings Ltd. ( (ORIS) ) just unveiled an update.
On July 21, 2025, Oriental Rise Holdings Limited announced the pricing of a best efforts offering of 14,800,000 units, expected to generate approximately $6.9 million in gross proceeds. Each unit consists of one ordinary share and one warrant, with the offering set to close on July 23, 2025. The proceeds will be used for sales network expansion, production capacity enhancement, and working capital. This strategic move aims to strengthen the company’s market position and operational capacity in the competitive tea industry.
More about Oriental Rise Holdings Ltd.
Oriental Rise Holdings Limited is an integrated supplier of tea products in mainland China, specializing in primarily-processed and refined white and black tea. The company operates vertically, managing cultivation, processing, and sales to both wholesale distributors and retail customers. Their operations are based in Zherong County, Ningde City, Fujian Province.
Average Trading Volume: 419,344
Technical Sentiment Signal: Strong Sell
Learn more about ORIS stock on TipRanks’ Stock Analysis page.