Meiwu to sell $2 shares and 1-year warrants in $14M raise

March 17, 2026 - 12:08

Meiwu Technology Company Limited has successfully secured a significant capital infusion through a direct offering to institutional investors. The company confirmed the sale of nearly seven million of its Class A ordinary shares, each paired with a matching one-year warrant to purchase an additional share.

The offering price has been set at $2.00 per share and accompanying warrant. This transaction is expected to generate gross proceeds of approximately $14 million for the company before accounting for offering expenses. The definitive agreement is scheduled to close on or about March 18, 2024, subject to the satisfaction of customary closing conditions.

Proceeds from this financing round are earmarked for general corporate purposes. This may include funding for working capital, operational expenditures, and potential strategic investments to bolster the company's growth trajectory. The move represents a targeted effort to strengthen Meiwu's financial position and provide the liquidity necessary to execute its business plans. The warrants issued provide investors with a longer-term option to acquire further equity in the company at the set price.