Republic Power Group shares surge 54.56% after-hours following securities offering disclosure.

Republic Power Group surged 54.56% in after-hours trading following the disclosure of a best-efforts securities offering. The company announced a plan to issue up to 50 million Class A ordinary shares at $0.20 each, with no minimum purchase requirement, signaling a strategic move to raise capital. This offering, highlighted in a SEC filing, allows investors to participate without guaranteed returns if the offering falls short of its goals. The stock had already risen 173.86% during the regular session, closing at $0.88, before the after-hours rally pushed it to $1.33. The dual-class voting structure, where Chairman Hao Feng Ng controls over 50% of voting rights, adds context to governance dynamics but does not directly explain the price surge. The move reflects investor optimism about the company’s capital-raising efforts, despite its weak 12-month performance and technical indicators suggesting a volatile recovery phase.