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HONG KONG - CCSC Technology International Holdings Limited (Nasdaq:CCTG) announced Wednesday the pricing of a best-efforts public offering of 11,766,627 Class A ordinary shares and 23,533,254 warrants. Each share will be sold together with two warrants at a combined price of $0.60. The company’s stock currently trades at $1.36, and according to InvestingPro analysis, appears fairly valued based on its Fair Value model.
The warrants have an exercise price of $0.72 per share, representing 120% of the public offering price, and will expire five years from issuance. The offering is expected to close around October 2, 2025, subject to customary closing conditions.
The Hong Kong-based manufacturer of interconnect products, including connectors, cables and wire harnesses, expects to raise approximately $7.06 million in gross proceeds before deducting placement agent fees and other offering expenses.
According to the company’s statement, proceeds will be used to strengthen branding and marketing efforts in Europe and the Association of Southeast Asian Nations, pursue strategic acquisitions and collaborations, and for general corporate purposes.
Revere Securities LLC is serving as the placement agent for the offering, with Hunter Taubman Fischer & Li LLC acting as U.S. counsel to CCSC Technology and VCL Law LLP as U.S. counsel to the placement agent.
The offering is being made pursuant to a registration statement on Form F-1 that was declared effective by the U.S. Securities and Exchange Commission on September 30, 2025.
CCSC Technology specializes in customized interconnect products for various industries including industrial, automotive, robotics, medical equipment, computer, and consumer products. The company serves customers in more than 25 countries across Asia, Europe and the Americas. Get deeper insights into CCSC Technology’s financial health, growth prospects, and 7 additional exclusive InvestingPro Tips to make informed investment decisions.
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