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INLIF LIMITED Announces Closing of US$3.75 Million Registered Direct Offering

INLF
  • INLIF Limited (NASDAQ: INLF) announced the closing of its previously registered direct offering conducted on a best-efforts basis.
  • The Company issued 435,000 Class A Ordinary Shares alongside pre-funded warrants, Series A warrants, Series B warrants, and Series C warrants.
  • Each Ordinary Share or pre-funded warrant was sold with accompanying warrants at a combined purchase price of approximately $1.60 per share.
  • The Offering generated total gross proceeds of approximately $3.75 million prior to deducting fees and expenses.
  • Maxim Group LLC served as the sole placement agent, while Ortoli Rosenstadt LLP and Pryor Cashman LLP acted as securities counsel.
  • Net proceeds are intended for directors and officers compensation, working capital, Phase II manufacturing facility construction, R&D equipment, Xiamen headquarters expansion, new product development (including industrial robots), and talent recruitment.
  • Proceeds deployment is expected to occur over the next one to two years.
  • Series A warrants are immediately exercisable at $1.60 with a five-year expiration and include a one-time downward reset provision.
  • Series B warrants are immediately exercisable at $1.60 per unit, expire 60 days after issuance, and include a one-time downward reset provision.
  • Series C warrants are exercisable at $0.0001 per share, with the number of shares determined by a price-based adjustment over the first ten trading days.
  • The Offering was executed under the Company's Form F-3 shelf registration statement initially filed with the SEC on January 5, 2026.