Business
Boqii Holding Limited Announces Closing of $4.2 Million Registered Direct Offering
Boqii Holding Limited ("Boqii" or the "Company") (NYSE American: BQ), a leading pet-focused platform in China, announced today the closing of a registered direct offering (the "Offering") of approximately $4.2 million.
About this update from Boqii Holding Limited
[{"type":"text","content":"SHANGHAI, Nov. 4, 2025 /PRNewswire/ -- Boqii Holding Limited ("Boqii" or the "Company") (NYSE American: BQ), a leading pet-focused platform in China, announced today the closing of a registered direct offering (the "Offering") of approximately $4.2 million.","length":292,"tagName":"p"},{"type":"text","content":"Under the terms of the securities purchase agreement in connection with the Offering, the Company agreed to sell an aggregate of 1,500,000 Class A ordinary shares, par value $0.16 per share (the "Shares") (or pre-funded warrants in lieu thereof) at a purchase price of $2.80 per share. The purchase price for the pre-funded warrants is identical to the purchase price for the Shares, less the exercise price of $0.16 per share.","length":437,"tagName":"p"},{"type":"text","content":"The aggregate gross proceeds of this Offering to the Company were approximately $4.2 million.","length":93,"tagName":"p"},{"type":"text","content":"Univest Securities, LLC acted as the sole placement agent for the Offering.","length":75,"tagName":"p"},{"type":"text","content":"The Offering was made pursuant to a shelf registration statement on Form F-3 (File No. 333-267919) previously filed by the Company and declared effective by the U.S. Securities and Exchange Commission ("SEC") on November 23, 2022. A prospectus supplement and accompanying prospectus describing the terms of the Offering were filed with the SEC and are available on the SEC's website located at http://www.sec.gov. Electronic copies of the prospectus supplement and the accompanying prospectus may be obtained by contacting Univest Securities, LLC at [email protected], or by calling +1 (212) 343-8888.","length":613,"tagName":"p"},{"type":"text","content":"This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.","length":309,"tagName":"p"},{"type":"text","content":"About Boqii Holding Limited","length":27,"tagName":"p"},{"type":"text","content":"Boqii Holding Limited (NYSE American: BQ) is a leading pet-focused platform in China. Boqii is the leading online destination for ...