On October 21, 2026, ChowChow Cloud International Holdings Limited provided an update on a private placement agreed upon on June 16, 2026, stating that full payment has not yet been received.
Private Placement Status
ChowChow Cloud entered into a securities purchase agreement on June 16, 2026, with an investor for the issuance and sale of 862,069 ordinary shares at $0.58 per share, for an aggregate purchase price of US$500,000.
As of October 21, 2026, the company has not received the full purchase price required to close the transaction, and no ordinary shares have been issued.
Payment Deadline
The company has informed the investor that the Securities Purchase Agreement will be terminated unless the outstanding balance is paid in full by October 30, 2026.
Key facts and where they come from
- ChowChow Cloud entered into a securities purchase agreement on June 16, 2026, for 862,069 ordinary shares at $0.58 per share totaling US$500,000.
on June 16, 2026, the Company entered into a securities purchase agreement (the “Securities Purchase Agreement”) with an investor for the issuance and sale of 862,069 ordinary shares at $0.58 per share, for an aggregate purchase price of US$500,000.
- The company set an October 30, 2026 deadline for the investor to pay the balance or face agreement termination.
unless the outstanding balance is paid in full by October 30, 2026, the Company will terminate the Securities Purchase Agreement.