Chaince Digital Holdings Inc. Cancels Warrants, Repurchases for $2M

What Happened

• Chaince Digital Holdings Inc. announced it entered into a Warrant Repurchase Cancellation and Release Agreement with holders of warrants issued in connection with a November 30, 2023 private placement. The company repurchased and permanently canceled all of those warrants for aggregate cash consideration of US$2.0 million. The transaction closed on September 21, 2026; no ordinary shares were issued and none of the warrants had been exercised.

Key Details

• Repurchase amount: US$2.0 million in cash.
• Transaction date/closing: September 21, 2026.
• Warrants origin: issued in connection with the Company’s private placement on November 30, 2023.
• Result: All warrants permanently canceled; the Company reports no warrants outstanding following the cancellation. A press release announcing the repurchase was issued on September 24, 2026 (filed as Exhibit 99.1).

Why It Matters

• For investors, the cancellation removes a potential source of future share dilution because the repurchased warrants will no longer convert into ordinary shares.
• The repurchase used $2.0 million of cash, which is a one-time cash outflow that could affect the Company’s short-term liquidity or capital allocation decisions.
• The filing is an official disclosure of a material definitive agreement (Item 1.01) and was reported via Form 8-K, so investors can rely on the details disclosed rather than speculation.