Yueda Digital Holding

YDKG

Market cap $27.4M

New York, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of a registered direct offering (the “Offering”) of approximately $28 million for its client Yueda Digital Holding (NASDAQ: YDKG) (the “Company”), a Web3 and digital-economy company with a focus on the long-term accumulation of mainstream cryptocurrencies.

NEW YORK , Oct. 15, 2025 /PRNewswire/ -- Yueda Digital Holding (Nasdaq: YDKG) (the "Company"), a Web3 and digital-economy company with a focus on the long-term accumulation of mainstream cryptocurrencies, today announced that it has entered into a definitive agreement with certain investors for the purchase and sale of an aggregate of 28,000,000 units (each a "Unit"), consisting of one ordinary share of the Company, par value $0.04 per share (the "Ordinary Shares"), and one warrant to purchase one Ordinary Share (each, a "Warrant"), at a purchase price of $1.00 per unit in a registered direct offering. Each of the Warrants will have an exercise price of $1.00 per Ordinary Share and be exercisable beginning on the date of the issuance date and ending on the six-month anniversary of the issuance date.

Yueda Digital Holding, formerly AirNet Technology, announced a major pivot from airline entertainment and marketing services to Web3 and cryptocurrency investments. YDKG raised $180M in capital to invest in Bitcoin and Ethereum in September, building a significant digital asset treasury for future growth. Further asset investments included Solana. The digital asset company could benefit from higher digital asset prices if crypto adoption continues to rise in both retail and institutional markets.