Decent Holding Inc. Completes $8 Million Registered Offering to Fund Wastewater Treatment Expansion

Decent Holding Inc. (NASDAQ: DXST), a wastewater treatment services provider in China, has closed a registered offering raising $8 million in gross proceeds. The offering consisted of 13,333,333 Class A ordinary shares priced at $0.60 per share and warrants to purchase an additional 26,666,666 shares. The warrants are exercisable at 110 percent of the offering price and have a 120-day term. D. Boral Capital LLC served as placement agent for the offering, which was conducted on a reasonable best-effort basis.

The company plans to allocate the net proceeds from the offering toward several strategic initiatives. These include supporting business expansion, funding research and development efforts, advancing river-water quality management projects, upgrading wastewater treatment technologies, and recruiting talent. Decent Holding operates through its subsidiary, Shandong Dingxin Ecology Environmental Co., Ltd., specializing in industrial wastewater cleansing, ecological river restoration, river ecosystem management, and microbial products for pollutant removal and water quality enhancement.

This capital infusion comes at a time when China continues to prioritize environmental protection and water quality management. The funding could accelerate Decent Holding's ability to deploy advanced treatment solutions and expand its service footprint. For investors, the offering represents a vote of confidence in the company's growth trajectory within a sector that is increasingly critical for sustainable industrial development. The warrants component provides potential future equity dilution but also offers investors additional leverage to the company's performance if the share price appreciates.

The broader implications of this financing extend to environmental stakeholders and industries reliant on wastewater management. Enhanced treatment capabilities could lead to improved compliance with environmental regulations, reduced ecological impact from industrial activities, and potentially lower long-term remediation costs for client industries. As Decent Holding strengthens its technological and operational base, it may contribute to setting higher standards for water quality in the regions it serves. The company's focus on river ecosystem management aligns with growing global emphasis on restoring natural water bodies affected by industrial pollution.

For more information about Decent Holding Inc., visit https://ir.dxshengtai.com. The press release detailing this offering is available at https://ibn.fm/BYExi. InvestorWire, the platform that distributed the announcement, provides specialized communications services for public and private companies; additional details are available at https://www.InvestorWire.com.