Paranovus terminates ATM equity sales agreement after selling 39,248,940 shares for gross proceeds of $30.97 million

Paranovus Entertainment Technology Ltd. - Class A Ordinary Shares

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Paranovus Entertainment Technology terminated its at-the-market equity distribution sales agreement with AC Sunshine Securities, effective June 14, 2026.
The company sold 39,248,940 Class A ordinary shares under the program for gross proceeds of $30.97 million before termination.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Paranovus Entertainment Technology Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001929980-26-000260), on June 15, 2026, and is solely responsible for the information contained therein.

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