E-Power Prices $1.87M Registered Direct Offering at $3.60/Share
EPOW is trading near its 52-week low of $3.44 (10% above the low).
Summary
E-Power priced a $1.87 million registered direct offering at $3.60 per share, selling 229,097 Class A ordinary shares plus pre-funded warrants for up to 292,393 more shares. Net proceeds of approximately $1.64 million will fund working capital.
Key Events · Financing and Capital Events · EPOW
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Registered Direct Offering Priced
E-Power agreed to sell 229,097 Class A ordinary shares at $3.60 per share and 292,393 pre-funded warrants at $3.5904 each to an accredited investor under a Securities Purchase Agreement dated September 29, 2026.
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Gross Proceeds of $1.87M
Total gross proceeds are approximately $1,874,557, with net proceeds of approximately $1,643,338 after placement agent fees of $131,219 (7% cash fee) and other offering expenses.
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Dilution to Existing Holders
Assuming full exercise of pre-funded warrants and placement agent warrants, Class A ordinary shares outstanding increase from 2,064,171 to 2,585,661, representing approximately 25% dilution to existing Class A holders.
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Placement Agent Terms
FT Global Capital acted as exclusive placement agent, receiving a 7% cash fee, a 5% warrant coverage (26,074 warrants at $3.60 exercise price), and a right of first refusal for six months.
Analysis · EPOW · Manufacturing
E-Power is raising approximately $1.87 million in gross proceeds through a registered direct offering of 229,097 Class A ordinary shares and pre-funded warrants to purchase up to 292,393 additional shares. The offering is priced at $3.60 per share, which is below the last reported sale price of $5.20 on September 28, 2026, and below today's price of $3.79. The company has a going concern warning and is under Nasdaq minimum bid price pressure, so this capital raise is critical for extending its runway, but it comes with meaningful dilution to existing holders.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.2% of the 1644 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. 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, EPOW was trading at $3.79 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $8.8M. The 52-week trading range was $3.44 to $39.75. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.