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Baosheng Media agrees private placement of 25,000,000 shares for $12.54 million

PUBT · 06/10 21:01

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Baosheng Media agrees private placement of 25,000,000 shares for $12.54 million

Baosheng Media Group entered a June 5, 2026 subscription agreement for a PIPE sale of 25,000,000 unregistered ordinary shares.
Gross proceeds set at $12.54 million; 24,880,018 shares priced at $0.49, 119,982 shares priced at $2.46.
Shares to be issued in an offshore transaction under Regulation S; investors represented they are not U.S. persons.
Closing expected on a mutually agreed date; post-closing shares outstanding projected at 26,534,487.

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. Baosheng Media Group Holdings 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: 0001104659-26-072407), on June 10, 2026, and is solely responsible for the information contained therein.

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