Lucas GC (LGCL, Financial) has announced the pricing for its follow-on offering, which will be conducted on a "best efforts" basis. The company plans to issue 32,150,000 ordinary shares, each with a par value of $0.000005. These shares are set to be offered at a public price of $0.20 per share. The total gross proceeds from this offering are anticipated to reach approximately $6,430,000, prior to subtracting the placement agent’s fees and other related expenses.
The offering is projected to finalize around June 23, 2025, pending the fulfillment of standard closing conditions. AC Sunshine Securities has been appointed as the placement agent for this transaction.
