Decent Holding Inc. - Class A Ordinary Shares (DXST)

Decent Holding (NASDAQ: DXST), an established wastewater treatment services provider in China, closed its $8 million registered offering consisting of 13,333,333 Class A ordinary shares at $0.60 per share and warrants to purchase 26,666,666 additional shares at 110 percent of the offering price with a 120-day term. Gross proceeds totaled $8 million before expenses, and the company plans to use the net proceeds to support business expansion, R&D, river-water quality management initiatives, wastewater treatment technology upgrades, and talent recruitment. The offering was conducted on a reasonable best-effort basis, with D. Boral Capital LLC serving as placement agent.

NEW YORK CITY, NEW YORK / ACCESS Newswire / December 1, 2025 / On November 11, 2025, Decent Holding Inc. (NASDAQ:DXST) ("Decent" or the "Company"), an established wastewater treatment services provider in China, announced the pricing of its ~$8,000,000 registered follow-on offering (the "Registered Offering") consisting of 13,333,333 Class A ordinary shares, par value US$0.0001 per share ( the "Class A Ordinary Shares") at a purchase price of US$0.60 per share (the "Public Offering Price"), and warrants to purchase 26,666,666 Class A ordinary Shares. The warrants have an exercise price equal to 110% of the Public Offering Price and a 120-day term. Gross proceeds to the Company are expected to be approximately $8,000,000, before deducting commissions and offering expenses. The Registered Offering Closed on November 12, 2025, subject to the satisfaction of customary closing conditions.