Largo prices US$5.7 million registered direct offering at US$0.56 per share with warrants

Bitget2026/09/25 12:00

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Largo priced a registered direct offering of 10,200,000 common shares with 10,200,000 warrants for gross proceeds of about US$5.7 million.
Deal priced at US$0.56 per share and accompanying warrant; warrant exercise price set at US$0.70.
Warrants are immediately exercisable, expire five years from issuance; closing expected on or about Sept. 29, 2026.
Net proceeds earmarked for working capital, including payments to trade creditors.
ARC Fund IV, affiliated with Alberto Arias, and co-CEO Jim Bannantine to buy 2,499,999 shares with 2,499,999 warrants on the same terms.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Largo Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202609250800CANADANWCANADAPR_C8171) on September 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Largo prices US$5.7 million registered direct offering at US$0.56 per share with warrants

You may also like

Crypto prices