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GREENLAND TECHNOLOGIES HOLDING CORPORATION ANNOUNCES PRICING OF UNDERWRITTEN PUBLIC OFFERING
Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced the pricing of its underwritten public offering of 5,083,330 units (the "Units") at a public offering price of $1.20 per Unit. Each Unit consists of one ordinary share of the Company (each, an "ordinary share" and collectively, the "ordinary shares")
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[{"type":"text","content":"EAST WINDSOR, N.J., Jan. 28, 2026 /PRNewswire/ -- Greenland Technologies Holding Corporation (Nasdaq: GTEC) ("Greenland" or the "Company"), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced the pricing of its underwritten public offering of 5,083,330 units (the "Units") at a public offering price of $1.20 per Unit. Each Unit consists of one ordinary share of the Company (each, an "ordinary share" and collectively, the "ordinary shares") and four-fifths of one warrant (each, a "warrant" and collectively, the "warrants"), with each whole warrant exercisable for one ordinary share.","length":774,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Greenland Technologies Holding Corporation)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Greenland Technologies Holding Corporation)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/b3c6335f877cf420e9019db87766903a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/.qIxssy0mRuyezV8BTBNzQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTcwNTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/b3c6335f877cf420e9019db87766903a","width":400,"height":400}},"href":"https://mma.prnewswire.com/media/2280207/GTEC__Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The Units will not be certificated or issued as stand-alone securities. The ordinary shares and warrants included in the Units are immediately separable and will be issued separately in the offering. The warrants are immediately exercisable upon issuance, have an exercise price of $1.20 per share, or by means of a zero price exercise, and will expire three years from the date of issuance. There is no established trading market for the Units or the warrants, and the Company does not intend to list the Units or the warrants on any securities exchange or other trading market. The ordinary shares are listed on The Nasdaq Capital Market under the symbol "GTEC."","length":679,"tagName":"p"},{"type":"text","content":"The gross proceeds from the offering are expected to be approximately $6.1 million, before deducting underwriting ...
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