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Raytech Holding Limited Announces Closing of Approximately $6.2 Million Registered Direct Offering of its Ordinary Shares
GlobeNewswire Inc.·
Raytech Holding Limited (NASDAQ: RAY) closed a registered direct offering of 3,149,832 ordinary shares at $1.97 per share, raising approximately $6.2 million. The company plans to use net proceeds for general corporate purposes, strategic expansion into personal health care electronics, and integration costs related to its acquisition of Worry Free Group (Hong Kong) Limited.
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