GlobeNewswire·Nov 4, 2026, 6:15 PM ET

DDC Enterprise Announces Proposed Public Offering of DDC SAVOR 13.5% Perpetual Preferred Series A Shares

DDC

DDC Enterprise Limited announced the commencement of an underwritten public offering for DDC SAVOR 13.5% Perpetual Preferred Series A Shares with a par value of $0.016 & stated value of $25.00.
The offering price is set at $20.00 per share on a firm commitment basis, with a 45-day option for underwriters to purchase an additional 15% of shares.
A separate Registered Direct Offering was executed with institutional investors for at least 1,200,000 shares, generating approximately $24 million in gross proceeds.
Shares will be listed on the NYSE American under the symbol "SVOR," with Maxim Group LLC acting as the sole book-running manager.
Dividends accrue daily at a 13.5% annual rate on the $25 stated value ($3.375 per share), payable in cash with additional accruals on unpaid amounts.
Holders are eligible for one-time bonus dividends of $0.75, $1.25, or $2.00 per share if Bitcoin prices reach $180,000, $250,000, or $350,000 respectively for ten consecutive trading days.
The Company will maintain a segregated Dividend Reserve Account sufficient to fund at least twelve months of daily dividends.
The Company may redeem shares at 105% of stated value plus accrued dividends before the third anniversary, or at stated value plus accrued dividends thereafter, while holders may require redemption upon specific fundamental transactions or breaches.
Net proceeds will be used for up to 20% to repay convertible notes, funding the Dividend Reserve Account, or general corporate purposes including Bitcoin acquisition & potential mergers.