Republic Power Group shares surge 38.83% after-hours on best-efforts securities offering disclosure.

Republic Power Group (NASDAQ: RPGL) surged 38.83% in after-hours trading following the disclosure of a best-efforts securities offering. The company announced a plan to offer up to 50 million Class A ordinary shares at $0.20 each, with no minimum purchase requirement, signaling flexibility for investors and potentially boosting capital access. The offering structure, which eliminates refund obligations if the target isn’t met, likely attracted speculative interest amid the stock’s recent volatility. The dual-class voting structure, with Chairman Hao Feng Ng.