Chaince Digital Holdings Inc. [CD] - registered direct offering
Chaince Digital Holdings Inc. completed a registered direct offering of 30,000,000 Ordinary Shares at a purchase price of US$0.53 per share, raising aggregate gross proceeds of US$16,196,800 before expenses on August 11, 2026.
Why this matters
Chaince Digital Holdings Inc., a company operating in the financial services sector with a focus on digital asset management, real-world asset tokenization, and brokerage services, has completed a registered direct offering of 30,000,000 ordinary shares at a price of $0.53 per share. This transaction raised approximately $16.2 million in gross proceeds before expenses. The company plans to use the net proceeds to bolster its capital position and support its institutional growth strategy, particularly in expanding its digital asset management and on-chain treasury operations, advancing asset tokenization infrastructure, and scaling its brokerage franchise. The offering closed on August 11, 2026, following the satisfaction of customary closing conditions.