04:18 PM EDT, 09/20/2024 (MT Newswires) -- Haoxi Health Technology ( HAO ) said Friday it closed a $12 million underwritten follow-on public offering.

The offering covered the sale of 4 million units at $3 per unit, according to the company. Each unit includes one class A ordinary share, one series A warrant to buy one class A ordinary share and one series B warrant to buy four class A ordinary shares, according to the company.

Haoxi Health ( HAO ) said it granted the underwriter a 45-day option to buy up to an additional 600,000 units.

Shares of the company were up 3.4% in after-hours activity.

Price: 0.5999, Change: +0.02, Percent Change: +3.43