JIADE Ltd prices $12M direct offering of Class A shares to fund general corporate needs.

JIADE Ltd, a Chinese adult education support services provider, announced a registered direct offering to raise up to $12 million by selling Class A ordinary shares at $0.24 each. The proceeds will be used for general corporate purposes, including working capital, but not for debt repayment or litigation. The offering will close in two phases, with the first $3.36 million expected by May 5, 2026, and the remainder by June 30, 2026, subject to conditions including a share consolidation. This move supports JIADE's ongoing operations and growth in the adult education sector in China.