Decent Holding Inc. Secures $8 Million in Funding for Wastewater Treatment Expansion

Decent Holding Inc. (NASDAQ: DXST), a wastewater treatment services provider in China, has closed an $8 million registered offering consisting of 13,333,333 Class A ordinary shares at $0.60 per share along with warrants to purchase 26,666,666 additional shares. The warrants are priced at 110 percent of the offering price with a 120-day term. Gross proceeds from the offering totaled $8 million before expenses, with the company planning to allocate net proceeds toward business expansion, research and development, river-water quality management initiatives, wastewater treatment technology upgrades, and talent recruitment.

The offering was conducted on a reasonable best-effort basis, with D. Boral Capital LLC serving as placement agent. This capital infusion comes as Decent Holding operates through its subsidiary, Shandong Dingxin Ecology Environmental Co., Ltd., specializing in industrial wastewater cleansing, ecological river restoration, river ecosystem management, and microbial products for pollutant removal and water quality enhancement. The company's focus on environmental solutions aligns with growing regulatory and societal demands for improved water management in industrial regions.

For more information about the company, investors can visit https://ir.dxshengtai.com. The press release detailing this offering is available at https://ibn.fm/BYExi. This financial move positions Decent Holding to potentially enhance its competitive position in China's environmental services market, where wastewater treatment and river restoration have become increasingly prioritized amid environmental concerns. The funding could enable technological advancements that improve efficiency and effectiveness in treating industrial wastewater, which remains a significant challenge in many manufacturing-intensive areas.

The offering's structure, including warrants that could generate additional capital if exercised, provides the company with flexible financing options. As environmental regulations in China continue to evolve, companies like Decent Holding that invest in advanced treatment technologies and comprehensive water management solutions may be better positioned to meet compliance requirements and secure contracts. The allocation of funds toward talent recruitment suggests the company recognizes the importance of specialized expertise in executing complex environmental projects.

This capital raise occurs within a broader context of increasing investment in environmental technologies globally, particularly in regions facing water quality challenges. For Decent Holding, the successful completion of this offering demonstrates investor confidence in the company's business model and growth prospects in China's environmental sector. The funds will support initiatives that address both immediate operational needs and longer-term strategic objectives in water quality management.