Boqii announces $4.2M registered direct offering

Boqii (BQ) Holding Ltd. announced that it has entered into a definitive agreement with certain investors for the purchase and sale of an aggregate of 1,500,000 of the Company’s Class A ordinary share, par value 16c per share at a purchase price of $2.80 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of 16c per share. The aggregate gross proceeds to the company of this offering are expected to be approximately $4.2M. The transaction is expected to close on or about November 4th, 2025, subject to the satisfaction of customary closing conditions. Univest Securities, LLC is acting as the sole placement agent.