Business
Abundia Global Impact Group Announces Closing of $20 Million Registered Direct Offering of Common Stock
HOUSTON, TX, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Abundia Global Impact Group, Inc. (NYSE: AGIG) ("Abundia" or the "Company"), a low-carbon energy solutions company focused on converting biomass and plastics waste into high-value low-carbon fuels, today announced the closing of its registered direct offering pursuant to a securities purchase agreement with a new fundamental institutional investor for the purchase and sale of 5,934,718 shares of common stock (or pre-funded warrants in lieu thereof)
About this update from Abundia Global Impact Group Inc.
[{"type":"image","alt":"Abundia Global Impact Group, Inc.","displaySize":"","headline":null,"caption":"Abundia Global Impact Group, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":73,"url":"https://media.zenfs.com/en/globenewswire.com/c3752415e8229be3470a4f912169d3f9"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/iLgw6n.FoEnisJWSBZvR_g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEwMjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/c3752415e8229be3470a4f912169d3f9","width":300,"height":73}},"lazy":false},{"type":"text","content":"HOUSTON, TX, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Abundia Global Impact Group, Inc. (NYSE: AGIG) ("Abundia" or the "Company"), a low-carbon energy solutions company focused on converting biomass and plastics waste into high-value low-carbon fuels, today announced the closing of its registered direct offering pursuant to a securities purchase agreement with a new fundamental institutional investor for the purchase and sale of 5,934,718 shares of common stock (or pre-funded warrants in lieu thereof) in a registered direct offering. The gross proceeds to the Company were approximately $20 million, before deducting offering expenses.","length":654,"tagName":"p"},{"type":"text","content":"The Company intends to use the net proceeds from this investment to complete the Front-End Engineering and Design (FEED) study, finalize the acquisition of RPD Technologies, reduce debt, initiate construction of its innovation hub, and for working capital and general corporate purposes.","length":287,"tagName":"p"},{"type":"text","content":"Titan Partners, a division of American Capital Partners, acted as the sole placement agent for the offering.","length":108,"tagName":"p"},{"type":"text","content":"This offering was made in the United States pursuant to an effective shelf registration statement on Form S-3 (File No. 333-290308) previously filed with the U.S. Securities and Exchange Commission (the “SEC”) that became effective on November 3, 2025. The offering was made only by means of a prospectus supplement, which was filed with the SEC and is available on the SEC’s website located at www.sec.gov. Electronic copies of the prospectus supplement may be obtained, when available, by contacting Titan Partners Group LLC, a division of American Capital Partners, LLC, 4 World Trade Center, 4...