Key Takeaways

• Univest Securities closes a $4 million registered direct offering for Haoxi Health Technology Ltd.
• The offering includes the sale of 10 million Class A ordinary shares at $0.40 each.
• Haoxi Health specializes in online marketing solutions for the healthcare sector in China.

Offering Details

Univest Securities, LLC has announced the successful closure of a registered direct offering, raising approximately $4 million for Haoxi Health Technology Ltd (NASDAQ: HAO), an online marketing solution provider based in Beijing. The Company primarily serves healthcare advertisers and has seen significant growth due to the rise of digital advertising in China.

Under a securities purchase agreement, Haoxi will sell around 10 million Class A ordinary shares at an offering price of $0.40 per share, or pre-funded warrants at an equivalent price minus an exercise price of $0.33 per share. The total gross proceeds from this offering amount to $4 million. Univest acted as the sole placement agent for the transaction.

This registered direct offering falls under a previously filed and effective shelf registration statement on Form F-3 with the U.S. Securities and Exchange Commission (SEC), which was approved on June 13, 2025. A final prospectus supplement detailing the offering terms has been submitted to the SEC and can be accessed via their website.

About Haoxi Health Technology Ltd

Haoxi Health Technology Ltd is dedicated to providing one-stop online marketing solutions, particularly focusing on online short video marketing. The Company aims to help healthcare advertisers engage and retain customers on popular platforms in China, including Toutiao, Douyin, WeChat, and Sina Weibo. Their services are designed to enhance efficiency and reduce advertising costs for businesses in the healthcare sector.

Company Background

Founded in 1994, Univest Securities, LLC offers a range of financial services globally to institutional and retail clients, including brokerage, trading, and investment banking. Recognized for its robust performance, Univest has raised over $1.8 billion in capital for global issuers and completed around 100 transactions across various industries since 2019.

Forward-Looking Statements

This announcement contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These include anticipated performance and plans, which involve risks and uncertainties. Actual outcomes may differ from stated expectations, and investors are advised to review the risk factors associated with these forward-looking statements, available in the Company’s SEC filings.

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