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Park Ha Biological Technology Co., Ltd. Completes a US$2.45 Million Public Offering

Wuxi,xa0China,xa0Jan.xa028,xa020xad –xa0Parkxa0Haxa0Biologicalxa0Technologyxa0Co.,xa0Ltd.xa0(NASDAQ:xa0BYAH)xa0(thexa0“Company”)xa0todayxa0announcedxa0thexa0closingxa0ofxa0axa0best-effortsxa0follow-onxa0publicxa0offeringxa0ofxa021,875,000xa0unitsxa0(eachxa0axa0“Unit”)xa0atxa0anxa0offeringxa0pricexa0ofxa0US$0.112xa0perxa0Unit. Eachxa0Unitxa0consistsxa0ofxa0onexa0Classxa0Axa0ordinaryxa0sharexa0ofxa0thexa0Company,xa0parxa0valuexa0US$0.00002xa0perxa0sharexa0(each,xa0axa0“Classxa0Axa0Ordinaryxa0Share”)xa0andxa0onexa0warrantxa0toxa0purchasexa0onexa0Classxa0Axa0Ordinaryxa0Share,xa0orxa0upxa0toxa0ninexa0Classxa0Axa0Ordinaryxa0Sharesxa0pursuantxa0toxa0thexa0alternativexa0cashlessxa0exercisexa0mechanismxa0describedxa0thereinxa0(each,xa0axa0“Warrant”).xa0Eachxa0Warrantxa0hasxa0anxa0exercisexa0pricexa0ofxa0US$0.112xa0perxa0Classxa0Axa0Ordinaryxa0Sharexa0andxa0isxa0exercisablexa0beginningxa0onxa0thexa0issuancexa0datexa0andxa0endingxa0onxa0thexa0one-yearxa0anniversaryxa0ofxa0thexa0issuancexa0date. Grossxa0proceedsxa0toxa0thexa0Company,xa0beforexa0deductingxa0placementxa0agent’sxa0commissionsxa0andxa0otherxa0offeringxa0expenses,xa0werexa0approximatelyxa0US$2.45xa0million.xa0Thexa0Companyxa0intendsxa0toxa0usexa0thexa0netxa0proceedsxa0ofxa0thexa0Offeringxa0forxa0thexa0expansionxa0ofxa0directlyxa0operatedxa0storesxa0inxa0China,xa0andxa0thexa0specificxa0allocationxa0ofxa0netxa0proceedsxa0toxa0eachxa0marketxa0willxa0bexa0basedxa0onxa0marketxa0conditions. D.xa0Boralxa0Capitalxa0LLCxa0actedxa0asxa0thexa0Solexa0Placementxa0Agentxa0forxa0thexa0Offering. Axa0registrationxa0statementxa0onxa0Formxa0F-1,xa0asxa0amendedxa0(Filexa0No.xa0333-xa0290410),xa0relatingxa0toxa0thexa0Offeringxa0wasxa0filedxa0withxa0thexa0U.S.xa0Securitiesxa0andxa0Exchangexa0Commissionxa0(thexa0“SEC”)xa0andxa0wasxa0declaredxa0effectivexa0byxa0thexa0SECxa0onxa0Januaryxa026,xa02026.xa0Thexa0Offeringxa0wasxa0madexa0onlyxa0byxa0meansxa0ofxa0axa0prospectus,xa0formingxa0partxa0ofxa0thexa0effectivexa0registrationxa0statement.xa0Axa0copyxa0ofxa0thexa0finalxa0prospectusxa0relatingxa0toxa0thexa0Offeringxa0hasxa0beenxa0filedxa0withxa0thexa0SECxa0andxa0isxa0availablexa0onxa0thexa0SEC’sxa0websitexaatxa0.xa0Copiesxa0ofxa0thexa0prospectusxa0mayxa0bexa0obtainedxa0fromxa0D.xa0Boralxa0Capitalxa0LLCxaatxa0,xa0orxa0byxa0callingxa0+1xa0(212)xa0970-5150. Aboutxa0Parkxa0Haxa0Biologicalxa0Technologyxa0Co.,xa0Ltd. Establishedxa0inxa02016,xa0Parkxa0Haxa0Biologicalxa0Technologyxa0Co.,xa0Ltd.xa0isxa0primarilyxa0engagedxa0inxa0developingxa0itsxa0privatexa0skincarexa0label,xa0directxa0skincarexa0productsxa0salesxa0andxa0franchisexa0alliancesxa0promotionsxa0underxa0thexa0proprietaryxa0brandxa0“Parkxa0Ha”,xa0withxa0axa0commitmentxa0toxa0providingxa0cost-effectivexa0solutionsxa0toxa0skinxa0problemsxa0andxa0improvingxa0thexa0confidencexa0ofxa0womenxa0inxa0needxa0ofxa0skinxa0treatment.xa0Asxa0ofxa0Aprilxa030,xa02025,xa0thexa0Companyxa0hasxa0threexa0directlyxa0operatedxa0storesxa0andxa039xa0franchisees,xa0ofxa0whichxa038xa0andxa0onexa0operatexa0underxa0thexa0storexa0namexa0“Parkxa0Ha”xa0andxa0“Geni”xa0respectively,xa0inxa0China.xa0Asxa0partxaofxa0itsxa0value-addedxa0servicexa0forxa0thexa0products,xa0thexa0Companyxa0offersxa0“lightxa0beautyxa0experience”,xa0axa0quickxa0complimentaryxa0after-salesxa0beautyxa0servicexa0performedxa0inxa0thexa0directly-operatedxa0storesxa0andxa0franchisexa0stores.xa0Forxa0morexa0information,xa0pleasexa0visitxa0thexa0Company’sxa0website:xa0. Forward-Lookingxa0Statements Certainxa0statementsxa0inxa0thisxa0announcementxa0arexa0forward-lookingxa0statements.xa0Thesexa0forward-lookingxa0statementsxa0involvexa0knownxa0andxa0unknownxa0risksxa0andxa0uncertaintiesxa0andxa0arexa0basedxa0onxa0thexa0Company’sxa0currentxa0expectationsxa0andxa0projectionsxa0aboutxa0futurexa0eventsxa0thatxa0thexa0Companyxa0believesxa0mayxa0affectxa0itsxa0financialxa0condition,xa0resultsxa0ofxa0operations,xa0businessxa0strategyxa0andxa0financialxa0needs.xa0Investorsxa0canxa0findxa0manyxa0(butxa0notxa0all)xa0ofxa0thesexa0statementsxa0byxa0thexa0usexaofxa0wordsxa0suchxaasxa0“approximates,”xa0“believes,”xa0“hopes,”xa0“expects,”xa0“anticipates,”xa0“estimates,”xa0“projects,”xa0“intends,”xa0“plans,”xa0“will,”xa0“would,”xa0“should,”xa0“could,”xa0“may”xa0orxa0otherxa0similarxaexpressionsxa0inxa0thisxaannouncement.xa0Thexa0Companyxaundertakesxa0noxaobligationxaotxaupdatexaorxa revisexa publiclyxaanyxaforward-lookingxa statementsxaotxa reflectxa subsequentxa occurringxa eventsxaorxa circumstances,xaorxa changesxainxaitsxaexpectations,xaexceptxaasxa mayxa bexa requiredxabyxa law.xaAlthoughxa thexa...

CompuGroup Medical Introduces CGM INDEX.AI to Revolutionize Healthcare Document Automation

Introducing an innovative solution that streamlines document management, reinforcing its leadership in leveraging technology to revolutionize healthcare delivery and enable healthcare providers to prioritize...

The Allure of the Song Dynasty and the Festivity of the Spring Festival: Hangzhou, China Ushered in the Year of the Horse

HANGZHOU, China, Jan. 29, 2026 — The Chinese Lunar Year of the Horse is approaching. As the horse symbolizes vitality and journeys, it ushers...

WePlay Illuminates Times Square: Global Brand Building Reaches a New Phase

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Sportstech Refutes Statements by Interactive Strength Inc. (TRNR)

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CytoMed Therapeutics Rejects Misleading Claims and Reaffirms Clinical Progress

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Matlantis Unveils Matlantis CSP, a New Capability for Rapid Discovery of Unknown Stable Crystal Structures

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CCSC Technology International Holdings Limited Unveils eNaviX, Expanding Access to Carbon Monitoring and Carbon Credit Monetization for SMEs

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