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Smart Powerr Corp. raises $2M in registered direct offering to expand energy solutions in China

Company Fundamentals
20 May 2026
Univest Securities, Llc
View Source
Bullish
pluang ai news

Smart Powerr Corp., a Chinese energy technology firm specializing in waste energy recycling and energy efficiency, completed a $2 million registered direct offering by selling 4.5 million shares at $0.45 each. The funds will support the company's growth, including its transition into integrated energy storage solutions and expansion into new markets. The offering was managed by Univest Securities, LLC, which acted as the sole placement agent. This capital raise positions Smart Powerr to enhance its Build-Operate-Transfer projects and explore new high-growth sectors like smart energy cities and renewable energy storage.

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