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Baiya International Group has successfully raised $4.212 million through a private placement targeting institutional investors. The transaction involved the sale of 13.5 million Class A ordinary shares at a set price of $0.312 per share. The offering officially closed on April 29, 2026, effectively strengthening the company's capital base. These funds are earmarked to bolster the firm's financial position for future corporate initiatives and growth strategies. Analysts view the impact of this capital raise as neutral, citing weak technical indicators despite the successful liquidity injection. This move reflects the company's ongoing efforts to secure necessary capital for its operational requirements.
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