E-Power Inc (EPOW) News & EventsEPOWE-Power Inc

E-Power Enters Agreement with Non-U.S. Investor for $1.87M Financing

E-Power announced that it has entered into a securities purchase agreement with a certain non-U.S. investor to purchase approximately $1.87M of its Class A ordinary shares in a registered direct offering. Pursuant to the securities purchase agreement, the company agreed to issue and sell 229K ordinary shares at a purchase price of $3.60 per share, and pre-funded warrants to purchase up to 292K ordinary shares at a purchase price of $3.59 per pre-funded warrant. The gross proceeds to the company from the offering are expected to be approximately $1.87M, before deducting placement agent fees and other estimated offering expenses payable by the company. The company intends to use the net proceeds from this offering for working capital and general corporate purposes. The offering is expected to close on or about September 30, subject to the satisfaction of customary closing conditions. FT Global Capital is acting as the exclusive placement agent for the offering.

E-Power Inc Trading Halted Due to Volatility

E-Power Inc trading halted, volatility trading pause

E-Power Subsidiary Completes Contract Phase and Receives Payment of RMB 61,825,140

E-Power announced that its indirectly wholly-owned subsidiary, Shandong Sunrise Technology has completed the equipment process design and technical consulting services required under its turnkey contract with Shandong Fusion New Material, announced on August 27, 2026, and has received the associated payment of RMB 61,825,140 in full. The technical services represent the first completed phase of the Contract, which has a total value of RMB 343,473,000 and was awarded to Shandong Sunrise in June 2026. The work was performed by the Company's engineering team.