What happened
EDGC disclosed a private placement (third-party allotment) to raise US$11M, about 9.9% of its market value.
For context, this raise equals about 9.9% of the company's market value, which is the rough scale of potential new-share dilution.
| Instrument | Private placement |
|---|---|
| Raise amount | US$11M |
| vs. market value | 9.9% |
| Filed | 2026-03-23, Material event report (rights offering) |
| Source | DART rcept 20260323000007 → open original filing |
Source: DART. Information only, not investment advice.