Real Messenger prices $4M public offering of 5.7M units at $0.70/unit

1 min read     Updated on 09 Jun 2026, 12:20 AM
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AI Summary

Real Messenger Corporation announced the pricing of its public offering comprising 5,714,284 units at US$0.70 per unit, aiming to raise approximately US$4.0 million in gross proceeds. Each unit includes a Class A ordinary share or a pre-funded warrant and a common warrant exercisable at US$0.70. The offering, managed by Maxim Group LLC on a best-efforts basis, is expected to close on or about June 9, 2026, subject to customary conditions.

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Real Messenger Corporation has priced its public offering of 5,714,284 units at US$0.70 per unit, targeting aggregate gross proceeds of approximately US$4.0 million before deducting placement agent and offering-related expenses. The offering is being conducted on a best-efforts basis, with Maxim Group LLC acting as the sole placement agent. The company, listed on NASDAQ under the ticker RMSG, operates a chat-based platform designed for real estate connections.

Each Unit sold in the offering consists of one Class A ordinary share, or one pre-funded warrant to purchase one Class A ordinary share, along with one common warrant to purchase one Class A ordinary share. The common warrants are immediately exercisable upon issuance at an initial exercise price of US$0.70, which matches the public offering price per unit. These warrants are subject to customary anti-dilution adjustments and will expire five years from the issuance date.

The pricing structure includes a specific provision for pre-funded units, set at US$0.6999 per unit. This price reflects the public offering price minus the US$0.0001 exercise price associated with the pre-funded warrant. The closing of the offering is anticipated to occur on or about June 9, 2026, contingent upon the satisfaction of customary closing conditions outlined in the securities purchase agreement dated June 8, 2026.

Offering Details

The following table outlines the key components of the offering:

Component Details
Total Units 5,714,284
Price per Unit US$0.70
Common Warrant Exercise Price US$0.70
Pre-Funded Unit Price US$0.6999
Expected Gross Proceeds US$4.0 million

Regulatory and procedural context

Real Messenger's registration statement on Form F-1 (File No. 333-296226) was filed with the U.S. Securities and Exchange Commission (SEC) on May 26, 2026, and declared effective on June 8, 2026. The offering is made exclusively through a prospectus contained within this effective registration statement. The company stated that the press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities in jurisdictions where such activity would be unlawful.

How does Real Messenger plan to utilize the US$4.0 million in gross proceeds to scale its real estate chat platform?

What impact will the issuance of common warrants at the current share price have on future shareholder dilution?

Will the successful completion of this offering influence Real Messenger's strategy for securing additional funding rounds?

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