AiRWA Inc. has entered into securities purchase agreements to sell 1,800,000 shares of its common stock to investors. The transaction is set to close on or about November 17, 2026.
Under the terms of the agreement, the company will sell the shares at a price of $0.8332 per share. This price was determined as the closing price of the Common Stock on the preceding trading day.
The company expects to receive gross proceeds of approximately $1.5 million from this offering. AiRWA Inc. stated that it intends to use the net proceeds from the transaction for working capital and other general corporate purposes.
The sale of the securities is being conducted in reliance on Section 4(a)(2) of, and/or Rule 506(b) of Regulation D and/or Regulation S promulgated under the Securities Act of 1933, as amended.
