Sino Green Land Secures $193.5K in Private Placement at Deep Discount
Summary
Sino Green Land Corp. raised $193,500 through a private placement at a substantial discount to its current stock price, providing operating capital amidst ongoing going concern doubts.
Key Events · Financing and Capital Events · SGLA
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Completes Private Placement
The company issued 193,500 shares of common stock to individual investors on February 11, 2026.
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Raises $193,500 at Deep Discount
Shares were sold at $1.00 each, representing a significant discount compared to the current stock price of $2.45.
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Funds for Operating Capital
The proceeds from the offering will be used for general operating capital, addressing immediate liquidity needs.
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Follows Going Concern Warning
This capital raise occurs shortly after the company disclosed substantial doubt about its ability to continue as a going concern in a 10-Q/A filing on January 21, 2026.
Analysis · SGLA · Trade & Services
Sino Green Land Corp. completed a private placement, raising $193,500 by issuing 193,500 shares at $1.00 per share. This capital raise, while a modest amount relative to the company's market capitalization, is notable given the company's recent disclosure of substantial doubt about its ability to continue as a going concern. The offering price represents a significant 59% discount to the current market price of $2.45, indicating the company's challenges in securing financing on more favorable terms. The proceeds are intended for operating capital, providing a short-term liquidity boost amidst ongoing financial concerns.
How filings like this one have moved
In the 30 days to Nov 3, 2026, 32.3% of the 2077 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. 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, SGLA was trading at $2.45 on OTC in the Trade & Services sector, with a market capitalization of approximately $396.4M. The 52-week trading range was $0.08 to $18.00. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.