Decent Holding Files 424B5 for $1.23M Best-Efforts Offering at $1.50/Share
DXST sits 57% above its 52-week low of $1.5 on light trading volume (0.1× avg).
Summary
Decent Holding filed a 424B5 prospectus supplement for a $1.23M best-efforts offering of shares and pre-funded warrants at $1.50 per share, netting approximately $0.89M after fees.
Updates
· SEC 6-K — The offering closed on October 5, 2026, with gross proceeds of $1,234,242; PIPE warrants have a 1.5-year term and full-ratchet anti-dilution protection.
Key Events · Financing and Capital Events · DXST
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Best-Efforts Offering Priced at $1.50
Offering of 177,000 Class A ordinary shares and 645,828 pre-funded warrants at $1.50 per share, for maximum gross proceeds of $1,234,242. The $1.50 price is 38% below the $2.42 last reported sale price on October 2, 2026.
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Net Proceeds Only $0.89M After Fees
Placement agent FT Global Capital receives a 7.5% cash fee ($92,568) plus up to $80,000 in expense reimbursements. Net proceeds to the company are approximately $0.89 million, with no minimum offering amount required to close.
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Pre-Funded Warrants With Ownership Blockers
The 645,828 pre-funded warrants are immediately exercisable at a nominal $0.0001 per share and carry 4.99% (or 9.99% at holder election) beneficial ownership limitations. They will not be listed on any exchange.
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Closing Expected October 5, 2026
The offering is expected to close on October 5, 2026, with termination by October 16, 2026 if not fully sold. The company may undertake additional closings for unsold securities.
Analysis · DXST · Energy & Transportation
Decent Holding is raising $1.23 million through a best-efforts placement of 177,000 Class A shares and 645,828 pre-funded warrants at $1.50 per share. The deal is priced 38% below the $2.42 last reported sale price on October 2, 2026, and the company nets only about $0.89 million after a 7.5% placement agent fee and up to $80,000 in expense reimbursements. For a company with a market cap near $4.4 million, this is a meaningful capital injection, but the deep discount and heavy fee load reflect the company's constrained financing position. The pre-funded warrants carry 4.99%/9.99% beneficial ownership blockers, and there is no minimum offering amount — the company may close with far less than the maximum. This follows a 1-for-25 reverse split in March 2026 and comes amid two pending securities class actions and a Nasdaq minimum market value rule that could force delisting if affirmed.
How filings like this one have moved
In the 30 days to Oct 6, 2026, 28.9% of the 1573 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, DXST was trading at $2.35 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $4.4M. The 52-week trading range was $1.50 to $62.00. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.