An aggregate offering amount of $17,600,000
We are offering 16,000,000 Ordinary Shares with a par value of $0.05 per share to certain investors (collectively, the “Investors”) pursuant to this prospectus supplement and the accompanying prospectus and a securities purchase agreement dated August 8, 2025 with such Investors.
Our Ordinary Shares are listed on the Nasdaq Capital Market under the symbol “EJH”. The aggregate market value of our outstanding voting and non-voting common equity held by non-affiliates was approximately $214,837,563.33, which was calculated based on 183,621,849 Ordinary Shares issued and outstanding held by non-affiliates and the closing price of US$1.17 as reported on the Nasdaq Capital Market on March 31, 2025, after the date of filing of our annual report on Form 20-F for the year ended June 30, 2024. The Company is therefore currently not subject to the limitations under General Instruction I.B.5 of Form F-3 until the filing date of Form 20-F for the fiscal year ended June 30, 2025.
On August 8, 2025, the Company entered into a Securities Purchase Agreement with the Investors for the sale of an aggregated 16,000,000 Ordinary Shares at a purchase price of $1.10 per share, for aggregate gross proceeds of $17,600,000. The net proceeds received by the Company from the offering will be used for general working capital and growth capital purposes and shall not use such proceeds: (a) for the redemption of any Ordinary Shares or Ordinary Share equivalents, (b) for the settlement of any outstanding litigation, (c) for the satisfaction of any portion of the Company’s debt (other than payment of trade payables in the ordinary course of the Company’s business and prior practices), or (d) in violation of FCPA or OFAC regulations.
We are an “emerging growth company” as defined under applicable U.S. securities laws and are eligible for reduced public company reporting requirements.