6 May 2026capital raising announcement▲ Good
Ocean Partners bought another $1.0 million of stock (833,333 shares at $1.20) -- a modest price recovery from the October 2024 raise; Golden Post separately waived certain rights under its own 2024 purchase agreement.
What it means for a shareholder
833,333 new shares at US$1.20 to raise about US$1.0m. That's 2.8% dilution: every existing holder's slice gets 2.8% smaller. If you held US$1,000 of shares (833 at the issue price), your slice goes from 0.00284% to 0.00276% of the company. To keep it you'd need 24 more shares - about US$29 at the issue price.
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