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Super X AI Technology Completes First Closing of Private Placement

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Super X AI Technology ( (SUPX) ) has issued an update.

On August 28, 2025, Super X AI Technology Limited entered into private placement agreements with institutional investors to issue and sell 1,500,000 units, each consisting of one ordinary share and one-third of a warrant to purchase an ordinary share, at a fixed price of USD 10.00 per unit. The first closing of 360,000 units occurred on September 9, 2025, with the exercise of 120,000 warrants on September 10, 2025, resulting in approximately USD 4.8 million in gross proceeds. The funds will support AI server development, investment opportunities in the AI sector, and general corporate purposes. The company also announced a change of its principal executive office address to 30 Pasir Panjang Road, Singapore.

More about Super X AI Technology

Super X AI Technology Limited is a company based in the British Virgin Islands, focusing on the development and production of AI servers and exploring investment opportunities within the AI sector. The company is involved in the technology industry, with a market focus on artificial intelligence solutions.

Average Trading Volume: 251,223

Technical Sentiment Signal: Strong Buy

For a thorough assessment of SUPX stock, go to TipRanks’ Stock Analysis page.

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