LAKESIDE HOLDING ANNOUNCES A CONVERTIBLE DEBT FINANCING OF UP TO $4.5 MILLION
Lakeside Holding (Nasdaq: LSH), a U.S.-based cross-border supply chain solution provider focused on Asia-Pacific, has secured a convertible debt financing agreement worth up to $4.5 million through senior secured 7% original issue discount convertible promissory notes with 40% warrant coverage.
The initial tranche closed on March 5, 2025, with the company selling a $1 million note and warrants for 318,827 shares at an exercise price of $1.9098, generating gross proceeds of $930,000. The financing will be drawn in tranches, potentially yielding total gross proceeds of approximately $4.2 million, which the company intends to use for working capital purposes.
Lakeside Holding (Nasdaq: LSH), un fornitore di soluzioni per la catena di approvvigionamento transfrontaliera con sede negli Stati Uniti e focalizzato sull'Asia-Pacifico, ha ottenuto un accordo di finanziamento in debito convertibile del valore fino a $4,5 milioni attraverso note promissorie convertibili a tasso fisso del 7% con sconto sull'emissione originale e copertura di warrant del 40%.
La tranche iniziale si è chiusa il 5 marzo 2025, con l'azienda che ha venduto una nota da $1 milione e warrant per 318.827 azioni a un prezzo di esercizio di $1,9098, generando proventi lordi di $930.000. Il finanziamento sarà erogato in tranches, potenzialmente generando proventi lordi totali di circa $4,2 milioni, che l'azienda intende utilizzare per scopi di capitale circolante.
Lakeside Holding (Nasdaq: LSH), un proveedor de soluciones de cadena de suministro transfronteriza con sede en EE. UU. y enfocado en Asia-Pacífico, ha asegurado un acuerdo de financiamiento de deuda convertible por un valor de hasta $4.5 millones a través de notas promisorios convertibles con un descuento de emisión original del 7% y una cobertura de warrants del 40%.
La tranche inicial se cerró el 5 de marzo de 2025, con la empresa vendiendo una nota de $1 millón y warrants para 318,827 acciones a un precio de ejercicio de $1.9098, generando ingresos brutos de $930,000. El financiamiento se desembolsará en tranches, lo que podría generar ingresos brutos totales de aproximadamente $4.2 millones, que la empresa tiene la intención de utilizar para fines de capital de trabajo.
Lakeside Holding (Nasdaq: LSH), 아시아-태평양에 집중하는 미국 기반의 국경 간 공급망 솔루션 제공업체가 $4.5 백만 규모의 전환사채 금융 계약을 체결했습니다. 이 계약은 7%의 원금 할인 전환 사채와 40%의 워런트 커버리지로 구성되어 있습니다.
초기 트랜치는 2025년 3월 5일에 종료되었으며, 회사는 $1 백만의 노트와 $1.9098의 행사 가격으로 318,827주에 대한 워런트를 판매하여 $930,000의 총 수익을 창출했습니다. 이 자금은 여러 번에 걸쳐 인출될 예정이며, 총 약 $4.2 백만의 총 수익을 발생시킬 수 있으며, 회사는 이를 운영 자본으로 사용할 계획입니다.
Lakeside Holding (Nasdaq: LSH), un fournisseur américain de solutions de chaîne d'approvisionnement transfrontalière axé sur la région Asie-Pacifique, a sécurisé un accord de financement par dette convertible d'une valeur allant jusqu'à 4,5 millions de dollars grâce à des billets à ordre convertibles garantis à 7% avec une remise sur l'émission originale et une couverture de warrants de 40%.
La tranche initiale a été clôturée le 5 mars 2025, l'entreprise ayant vendu un billet de 1 million de dollars et des warrants pour 318 827 actions à un prix d'exercice de 1,9098 dollars, générant des produits bruts de 930 000 dollars. Le financement sera tiré par tranches, pouvant potentiellement générer des produits bruts totaux d'environ 4,2 millions de dollars, que l'entreprise prévoit d'utiliser à des fins de fonds de roulement.
Lakeside Holding (Nasdaq: LSH), ein in den USA ansässiger Anbieter von grenzüberschreitenden Lieferkettenlösungen mit Fokus auf Asien-Pazifik, hat eine Vereinbarung über die Finanzierung von wandelbaren Schulden im Wert von bis zu 4,5 Millionen US-Dollar durch gesicherte Wandelanleihen mit 7% anfänglichem Ausgabeabschlag und 40% Warrant-Abdeckung gesichert.
Die erste Tranche wurde am 5. März 2025 abgeschlossen, wobei das Unternehmen eine Anleihe über 1 Million US-Dollar und Warrants für 318.827 Aktien zu einem Ausübungspreis von 1,9098 US-Dollar verkauft hat, was zu einem Bruttoertrag von 930.000 US-Dollar geführt hat. Die Finanzierung wird in Tranchen abgerufen, was insgesamt etwa 4,2 Millionen US-Dollar an Bruttoeinnahmen generieren könnte, die das Unternehmen für Betriebskapitalzwecke verwenden möchte.
- Secured up to $4.5M in financing for working capital
- Successfully closed first tranche of $930,000
- 40% warrant coverage provides additional investment opportunity
- 7% original issue discount reduces actual proceeds
- Potential dilution from convertible notes and warrants
- Company requires external financing for working capital
The Company plans to use the net proceeds when received from the offering for working capital purposes. On March 5, 2025, the initial closing of the first tranche occurred pursuant to which the Company sold a Note in the principal amount of
About Lakeside Holding Limited
Lakeside Holding Limited is a
American Bear Logistics, with strategic hubs in
Lakeside recently acquired Hupan Pharmaceutical (
For more information, please visit https://lakeside-holding.com. The Company routinely updates important information on its website.
Safe Harbor Statement
This press release contains forward-looking statements that reflect our current expectations and views of future events. Known and unknown risks, uncertainties and other factors, including those listed under "Risk Factors," may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. You can identify some of these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "potential," "continue" or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events that we believe may affect our financial condition, results of operations, business strategy and financial needs. These forward-looking statements involve various risks and uncertainties. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. We qualify all of our forward-looking statements by these cautionary statements.
Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com
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SOURCE Lakeside Holding Limited
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