Baosheng Media files to sell up to $30M of shares to HW in equity line, plus $300K commitment shares

Filed July 13, 2026 · ~2 min read

Key Changes

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  Baosheng Media may sell up to $30 million of ordinary shares to HW from time to time until maturity, plus $300,000 of commitment shares issued to HW as consideration.

  The Offering verify on EDGAR →
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  The company will not receive any cash proceeds from the commitment shares; proceeds from share sales to HW are for working capital and general corporate purposes.

  Use of Proceeds verify on EDGAR →
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  Total ordinary shares outstanding would rise from 31,834,487 to 43,619,999 if the full $30 million is sold at the assumed price of $2.57 per share.

  The Offering verify on EDGAR →