Chaince Digital Holdings Inc. Announces $300M At-The-Market Equity Program

What Happened
Chaince Digital Holdings Inc. (CD) announced on August 19, 2026 (filed in an 8-K), that it entered into an At The Market Offering Agreement with H.C. Wainwright & Co., LLC to establish an ATM equity program. Under the agreement the company may sell up to $300,000,000 of its ordinary shares (par value $0.004) from time to time through the sales agent, using its effective Form F-3 shelf registration (File No. 333-287428, declared effective June 27, 2025). A prospectus supplement related to the ATM offering was filed on August 21, 2026.

Key Details

• ATM size: up to $300,000,000 of ordinary shares.
• Agent and date: H.C. Wainwright & Co., LLC; agreement dated August 19, 2026.
• Fees: sales agent entitled to a cash commission equal to 3.0% of the gross sales price, plus reimbursement of specified expenses.
• Mechanics & limits: shares may be sold on Nasdaq or other trading markets, the company can set maximum shares per day and a minimum price, and either party may suspend or terminate (company: 10 business days’ notice).

Why It Matters
This ATM gives Chaince a flexible tool to raise equity capital over time without a single large underwritten offering. For investors, the program means potential dilution if shares are sold, and transaction costs will include the 3.0% commission. The 8-K does not specify any uses of proceeds or guarantee that any shares will actually be sold. Sales will be made under the company’s existing shelf registration, and timing, prices and amounts sold will depend on market conditions and the company’s decisions.