May. 20 at 6:45 PM
$MCTR On April 15, 2026, TJGC Group Limited entered into a securities purchase agreement to sell 15 million ordinary shares at
$0.40 each, raising
$6 million in a best-efforts offering that closed on April 16, 2026. The company received approximately
$5.44 million in net proceeds and plans to deploy the capital into AI research and product enhancement, market expansion and partnerships, and general working capital, while senior insiders agreed to a 30-day post-closing lock-up, signaling a short-term commitment to capital stability for investors.
Eddid Securities USA Inc. acted as exclusive U.S. placement agent on a reasonable best-efforts basis and earned a 4% cash fee on the gross proceeds. The shares were issued under an effective Form F-1 registration statement, and the lock-up agreements covering directors, officers, and major shareholders are intended to limit near-term share sales, potentially reducing immediate dilution pressure and supporting TJGC’s market positioning.
