09:21 AM EDT, 07/22/2025 (MT Newswires) -- Oriental Rise ( ORIS ) said Tuesday the company priced its public offering of up to 14.8 million units at $0.4681 each for gross proceeds of $6.9 million.

Each unit consists of one share and one warrant to purchase one ordinary share, and each warrant is exercisable at a price of $0.4681 per share, the company said.

The offering will likely close on Wednesday, Oriental Rise ( ORIS ) said, adding that it will use the offering proceeds towards general corporate purposes, sales network expansion, among others.

The company's shares were down 66% in recent Tuesday premarket activity.