Hauchen AI Parking Management Technology Holding Co., Ltd.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $5.2M
- Price
- $0.499
- % Change (Daily % change from the live per-ticker quote feed.)
- +5.01%
- Volume
- 194.2K
About
Hauchen AI Parking Management Technology Holding Co., Ltd. operates as a parent company. Through its various subsidiary enterprises, it delivers end-to-end parking management systems aimed at maximizing the efficiency of constrained parking facilities. Its scope of activities encompasses the conceptualization and engineering of intelligent multi-level parking structures, the fabrication of specialized vertical parking apparatus, along with their distribution, setup, and ongoing servicing.
Quick stats
Shares outstanding10.4M
Computed float3.2M
Float / shares30.7%
Key info
SectorIndustrials
IndustryIndustrial - Machinery
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001958399
Websitehttps://www.hctdparking.com
AI Summary
AI-generated1/7
minorbearishoffering
Huachen AI Parking Management Technology Holding Co., Ltd Announces Closing of US$2.75 Million Public Offering
Huachen AI closed a US$2.75 million best-efforts public offering of 2,750,000 Class A ordinary shares priced at $1.00 per share, each sold with an accompanying ordinary warrant.
The warrants cover an equal 2,750,000 shares, are immediately exercisable at US$1.00, expire on the third anniversary of issuance, and carry customary anti-dilution adjustments — leaving a further dilution overhang on top of the shares already issued.
Net proceeds are earmarked for working capital and the purchase of directors-and-officers insurance coverage, with Maxim Group LLC acting as sole placement agent.
Red flags
- unit structure includes 100% warrant coverage exercisable at the offering price with anti-dilution adjustments, extending future dilution risk
- use of proceeds includes buying D&O insurance coverage — an atypical deployment of investor capital alongside working capital
- best-efforts micro-cap raise at $1.00 per share; company itself flags future capital financing needs and Nasdaq listing maintenance among its risk factors