Fangdd Network has entered into a securities purchase agreement for a $5 million registered direct offering of Class A ordinary shares at $0.7 per share, with an option for pre-funded warrants at $0.6994375 per warrant. The offering is expected to close around November 8, 2024, subject to customary closing conditions.MM Global Securities, Inc. has been engaged as the exclusive placement agent for this offering. The securities will be offered through an effective shelf registration statement on Form F-3 previously filed with the SEC. The company plans to use the net proceeds for general corporate purposes.The offering is supported by a prospectus supplement and base prospectus containing detailed information about the securities. These documents will be available on the SEC's website and through the company's direct communications channels.

Fangdd Network has entered into a securities purchase agreement for a $5 million registered direct offering of Class A ordinary shares at $0.7 per share, with an option for pre-funded warrants at $0.6994375 per warrant. The offering is expected to close around November 8, 2024, subject to customary closing conditions.MM Global Securities, Inc. has been engaged as the exclusive placement agent for this offering. The securities will be offered through an effective shelf registration statement on Form F-3 previously filed with the SEC. The company plans to use the net proceeds for general corporate purposes.The offering is supported by a prospectus supplement and base prospectus containing detailed information about the securities. These documents will be available on the SEC's website and through the company's direct communications channels.