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PRF Technologies sells 24,384 unregistered shares to Yorkville for fees
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PRF Technologies sells 24,384 unregistered shares to Yorkville for fees
  • PRF Technologies entered standby equity purchase agreement with Yorkville that allows sales of up to USD 10 million of ordinary shares over 36 months in an unregistered offering under Section 4(a)(2) and Rule 506 of Regulation D.
  • Advance shares would be sold at 97% of lowest of three daily VWAPs over a three-trading-day pricing period, with option to set a minimum price.
  • Upfront equity fees issued on signing included 12,192 ordinary shares as first installment of 1% commitment fee, another 12,192 ordinary shares for a USD 25,000 structuring fee.
  • Yorkville purchase obligation capped to avoid beneficial ownership above 9.99% of outstanding ordinary shares.
  • Future advances require SEC registration statement covering commitment, structuring, and advance shares to be declared effective.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PRF Technologies Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-26-002448), on May 07, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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