Quantumsphere Acquisition Corp. reports FY22 rev. of $0.1 bln.

• QuantumSphere Acquisition Corp. reports financial statements as of August 7, 2025. • Independent registered public accounting firm provides opinion on financial statements. • Financial statements present fairly in all material respects, according to accounting principles. • No specific data on digital data in the provided article.

Tian Ruixiang Holdings Ltd. (NASDAQ: TIRX), a technology company, has announced a significant securities offering. The company has entered into a registered direct offering agreement with institutional investors for the purchase of 2 million class A ordinary shares and warrants to purchase up to an additional 4 million class A ordinary shares. The combined purchase price is $1.50 per share, resulting in gross proceeds of approximately $3 million before deducting fees and other offering expenses TIAN RUIXIANG prices $3 million offering of ordinary shares^[1].

The warrants accompanying the shares have an exercise price of $1.50 per share and are exercisable immediately upon issuance. They will expire five years following the initial exercise date. The closing of the offering is expected to occur on or about October 14, 2025. The company intends to use the net proceeds from the offering for working capital and general corporate purposes.

As of the market close on September 12, 2025, Tian Ruixiang's stock price was $1.32, down by 43.94% premarket TIAN RUIXIANG prices $3 million offering of ordinary shares^[1].