Golden Heaven Group Holdings Ltd. has entered into a securities purchase agreement with investors for a private placement of 20,000,000 Class A Ordinary Shares, raising US$25.2 million. The company will issue warrants granting investors the right to purchase up to 40,000,000 additional shares at US$1.386 per share, expiring in five years. The proceeds will be used for park acquisition, upgrade, development, and maintenance.If Golden Heaven fails to meet certain operational and financial targets by September 30, 2027, it will issue up to 10,000,000 additional Class A Ordinary Shares to investors at no cost. The company has also amended existing warrants, adjusting the exercise price to US$1.386 and securing immediate exercise by current warrant holders.The transaction is expected to close in November 2024. The securities sold in this private placement have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States without registration or an applicable exemption.

Golden Heaven Group Holdings Ltd. has entered into a securities purchase agreement with investors for a private placement of 20,000,000 Class A Ordinary Shares, raising US$25.2 million. The company will issue warrants granting investors the right to purchase up to 40,000,000 additional shares at US$1.386 per share, expiring in five years. The proceeds will be used for park acquisition, upgrade, development, and maintenance.If Golden Heaven fails to meet certain operational and financial targets by September 30, 2027, it will issue up to 10,000,000 additional Class A Ordinary Shares to investors at no cost. The company has also amended existing warrants, adjusting the exercise price to US$1.386 and securing immediate exercise by current warrant holders.The transaction is expected to close in November 2024. The securities sold in this private placement have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States without registration or an applicable exemption.