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An update from Ostin Technology Group Co., Ltd. ( (OST) ) is now available.
On June 30, 2025, Ostin Technology Group Co., Ltd. announced a securities purchase agreement with an institutional investor for a registered direct offering of 10,500,000 Class A ordinary shares and pre-funded warrants for 31,166,667 shares. The offering, which closed on July 1, 2025, raised approximately $4.52 million in net proceeds, intended for general corporate purposes. Univest Securities, LLC acted as the exclusive placement agent, receiving a 7% cash fee from the gross proceeds. This strategic financial move is expected to bolster Ostin Technology’s market position and operational capabilities.
More about Ostin Technology Group Co., Ltd.
Founded in 2010, Ostin Technology Group Co., Ltd. is a Chinese supplier specializing in display modules and polarizers. The company designs, develops, and manufactures TFT-LCD display modules in various sizes for consumer electronics, outdoor LCD displays, and automotive displays, along with polarizers used in these modules.
Average Trading Volume: 10,383,894
Technical Sentiment Signal: Sell
Current Market Cap: $37.64M
For detailed information about OST stock, go to TipRanks’ Stock Analysis page.