Origin Agritech receives full US$ 2.8 million from private placement of 2,000,000 shares at US$ 1.40 each
Origin Agritech received the full USD 2.8 million from a private placement of 2,000,000 ordinary shares priced at USD 1.40. No warrants issued. No placement agent fees, leaving most proceeds available for operations. Cash earmarked for working capital, expanded R&D, debt repayment tied to fiscal 2027 commercialization