Abundia Global Impact Signs Securities Purchase Agreement for Approximately $20 Million
Abundia Global Impact announced that it has entered into a securities purchase agreement with a new fundamental institutional investor for the purchase and sale of 5,934,718 shares of common stock (or pre-funded warrants in lieu thereof) in a registered direct offering. The offering is expected to result in gross proceeds of approximately $20 million, before deducting offering expenses. The closing of the offering is expected to occur on or about February 23, 2026, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from this investment to complete the Front-End Engineering and Design study, finalize the acquisition of RPD Technologies, reduce debt, initiate construction of its innovation hub, and for working capital and general corporate purposes. Titan Partners, a division of American Capital Partners, is acting as the sole placement agent for the offering.