Jayud Global Logistics Ltd: Jayud Global Logistics: Pricing of $6.7M registered direct offering

Jayud Global Logistics Limited (NASDAQ: JYD) announced the pricing of a $6 million registered direct offering on [insert date], issuing 42,857,143 Class A ordinary shares to accredited investors under its existing shelf registration statement according to company announcement. The transaction, part of the company's broader capital-raising efforts, follows a 1-for-50 reverse share split approved in March 2025, which became effective October 13, 2025. Proceeds will be allocated to general corporate purposes, loan repayment, and the registration and operation of overseas entities as reported.

The offering comes amid Jayud's return to profitability in the first half of 2025, with net income of $0.3 million, reversing a $2.7 million loss in the prior-year period. Revenues rose 3.7% year-over-year to $39.2 million, driven by a 42.9% contribution from the international trading segment. A $4.2 million government subsidy for charter flight operations in 2022–2023 also reduced cost of revenues by 4.5%.

Despite improved results, Jayud maintains a weak financial health score of 1.06 out of 5 on InvestingPro, with negative gross profit margins and a beta of -3.19, indicating high volatility and market divergence. Total assets increased to $26.5 million as of June 30, 2025, while cash and equivalents stood at $4.2 million. The company's current ratio of 1.46 and rapid cash burn remain areas of concern for investors.

Jayud continues to expand cross-border logistics capabilities, including a Fuzhou-Jakarta chartered route launched in March 2025. Investors are advised to monitor capital allocation and operational efficiency amid ongoing financial challenges.

(https://www.investing.com/news/company-news/jayud-global-logistics-returns-to-profitability-in-first-half-2025-93CH-4289790): Source: Jayud Global Logistics press release and InvestingPro analysis.