Lianhe Sowell raises $11 million in public offering

SHENZHEN, CHINA, Sept. 03, 2026 /CourierPR/ -- Lianhe Sowell International Group Ltd. has successfully closed a $11 million best-efforts follow-on public offering, raising a total of $11,000,000.16 before deducting placement agent commissions and other expenses. The company announced the news today, highlighting its ongoing commitment to funding research and development, market expansion, and general corporate operations.

On August 31, 2026, the Securities and Exchange Commission (SEC) declared effective the registration statement on Form F-1 for the offering. The transaction involved the sale of 7,638,889 units, each priced at $1.44, comprising one Class A Ordinary Share and three warrants, each exercisable for one Class A Ordinary Share at an exercise price of $1.66. The warrants have a term of six months from the issuance date, and the maximum number of Class A Ordinary Shares that can be issued upon exercising the warrants is 22,916,667 shares.

Lianhe Sowell International Group Ltd., a Nasdaq-listed company, is a provider of industrial machine vision products and solutions. Mr. Yue Zhu, the company’s CEO, expressed satisfaction with the successful completion of the offering, stating, “We are pleased to close this offering and appreciate the continued support and market recognition as we execute our business plan. The proceeds provided by this offering will help facilitate our continued business expansion and technologies investment in the automated service robotics industry.”

The company intends to utilize the proceeds from the offering for two primary purposes: funding research and development for new products and market expansion, as well as general corporate purposes and working capital. The funds will support the company’s ongoing efforts to advance its technological innovations and meet the demands of the rapidly evolving industrial automation and smart transportation sectors.

R. F. Lafferty & Co., Inc., served as the sole placement agent for the offering, with legal support provided by Robinson & Cole LLP and Sichenzia Ross Ference Carmel LLP. The offering was made exclusively through a prospectus, which can be obtained from R. F. Lafferty & Co., Inc., at their New York office or via email.

For more information, interested parties can review the prospectus or visit the company’s investor relations website at ir.cnsoftwell.com. The company cautions investors that the press release contains forward-looking statements that involve risks and uncertainties. Lianhe Sowell International Group Ltd. undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date of this release.