Decent Holding shares surge 35.04% intraday after announcing $8 million equity and warrant offering to fund expansion and R&D.

Decent Holding Inc. surged 35.04% intraday after announcing a $8 million registered offering of 13.33 million Class A shares at $0.60 per share and warrants for 26.67 million shares with a 110% exercise price. The proceeds, expected to close on November 12, will fund business expansion, R&D, river water treatment services, technology upgrades, and talent recruitment. The offering, led by D. Boral Capital, signals the company’s focus on scaling operations and innovation in wastewater treatment. While equity issuance may raise dilution concerns, the market interpreted the capital raise as a strategic move to strengthen its position in China’s environmental services sector, driving immediate investor optimism.