Fangdd Network has entered into a securities purchase agreement for a $4.5 million registered direct offering of Class A ordinary shares at $0.88 per share, with an option for pre-funded warrants at $0.8794375 per warrant. The offering is expected to close around October 11, 2024, subject to customary closing conditions.The company has engaged MM Global Securities, Inc. as its exclusive placement agent. The offering is being conducted under an effective shelf registration statement previously filed with the SEC. Proceeds will be used for general corporate purposes.The securities will be offered through a written prospectus and prospectus supplement as part of the registration statement. The company has filed the necessary documentation with the SEC, making the offering information accessible through the SEC's website.

Fangdd Network has entered into a securities purchase agreement for a $4.5 million registered direct offering of Class A ordinary shares at $0.88 per share, with an option for pre-funded warrants at $0.8794375 per warrant. The offering is expected to close around October 11, 2024, subject to customary closing conditions.The company has engaged MM Global Securities, Inc. as its exclusive placement agent. The offering is being conducted under an effective shelf registration statement previously filed with the SEC. Proceeds will be used for general corporate purposes.The securities will be offered through a written prospectus and prospectus supplement as part of the registration statement. The company has filed the necessary documentation with the SEC, making the offering information accessible through the SEC's website.