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Smart Powerr Corp Completes Private Placement Funding

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Smart Powerr Corp Completes Private Placement Funding

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Smart Powerr Corp ( (CREG) ) has issued an announcement.

On October 23, 2025, Smart Powerr Corp., a Nevada-based company, entered into securities purchase agreements with accredited investors to issue and sell 17,000,000 shares of common stock in a private placement. On November 3, 2025, the company amended the purchase agreement, adjusting the per unit price to $1.305, resulting in gross proceeds of $22,185,000. The private placement closed on November 10, 2025, and was conducted under exemptions from the registration requirements of the Securities Act of 1933, without general solicitation or public offering.

Spark’s Take on CREG Stock

According to Spark, TipRanks’ AI Analyst, CREG is a Underperform.

Smart Powerr Corp’s score reflects its challenging financial situation, with zero revenue and ongoing losses being significant concerns. While the company has low debt, its negative cash flow and lack of earnings growth are critical risks. Technical analysis provides some positive signals, but they are insufficient to offset fundamental weaknesses. The valuation further emphasizes the need for strategic changes to improve investor confidence.

To see Spark’s full report on CREG stock, click here.

More about Smart Powerr Corp

Average Trading Volume: 241,013

Technical Sentiment Signal: Sell

Current Market Cap: $4.18M

Find detailed analytics on CREG stock on TipRanks’ Stock Analysis page.

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