Julong Holding Limited Class A Ordinary Shares

Julong Holding Limited said it entered a securities purchase agreement on September 28, 2026 with certain investors for a private placement of its securities. Under the deal, the company will issue and sell 750,000 Class A ordinary shares at US$0.300 per share, alongside 2,250,000 pre-funded warrants at US$0.299 per pre-funded warrant, with the warrants exercisable for up to an aggregate of 2,250,000 Class A ordinary shares at US$0.001 per share. The aggregate gross proceeds of the private placement are US$897,750, with net proceeds of approximately US$828,000 after deducting offering expenses, which Julong intends to use for general corporate purposes. The placement is expected to close on or about September 29, 2026, subject to satisfaction or waiver of conditions precedent, and the securities were offered under an exemption from registration under the Securities Act of 1933. Julong, founded in 1997, provides intelligent integrated solutions to public utilities, commercial properties, and multifamily residential properties in China.