Chaince Securities, LLC to Serve as Exclusive Sales Agent for ZJK Industrial Co., Ltd.'s (NASDAQ: ZJK) US$9.8 Million At-the-Market Offering Program
ZJK Industrial Co., Ltd. (NASDAQ: ZJK) has engaged Chaince Securities, LLC as the exclusive sales agent for its US$9.8 million at-the-market equity offering program, under which the company may sell Class A ordinary shares from time to time.
Why it matters — This arrangement establishes a mechanism for ZJK to raise capital through periodic share sales, which could affect the company's cash position and share structure over time.