Trio-Tech International a comprehensive provider of semiconductor back-end solutions and a global value-added supplier of electronic equipment, today announced the closing of its previously announced registered direct offering with fundamental institutional investors.
The offering consisted of 1,052,632 shares of the Company’s common stock, generating gross proceeds of approximately $10 million to the Company, before deducting placement agent fees and other expenses. The transaction closed on April 27, 2026. The Company intends to use the net proceeds from the offering for working capital and general corporate purposes, including strategic investments to expand capacity and support growth opportunities in the AI and automotive markets.
D. Boral Capital LLC acted as the exclusive placement agent for the Offering.
We are pleased to successfully complete this financing, which further strengthens our balance sheet and enhances our ability to execute on our growth initiatives,” said S.W. Yong, Chief Executive Officer of Trio-Tech International. “We intend to deploy the proceeds to expand our testing and manufacturing capabilities to meet increasing customer demand, particularly in high-growth areas such as AI and automotive semiconductor applications. We believe these investments strengthen our competitive position and drive long-term value for our shareholders.
The securities described above were offered by the Company pursuant to a “shelf” Registration Statement on Form S-3 (File No. 333-291219) filed with the Securities and Exchange Commission (the “SEC”) and declared effective by the SEC on December 16, 2025, and the accompanying prospectus contained therein. A final prospectus supplement and accompanying shelf prospectus describing the terms of the proposed offering have been filed with the SEC and are available on the SEC’s website located at http://www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying shelf prospectus may be obtained by contacting D. Boral Capital LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022 by email to dbccapitalmarkets@dboralcapital.com, or by calling (212) 970-5150.
This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall there be any offer, solicitation or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.
About Trio-Tech International
Trio-Tech International (NYSE MKT: TRT) is a California-based company operating in the United States, Singapore, Malaysia, Thailand, and China. Founded in 1958, Trio-Tech is a leading provider of semiconductor testing services, manufacturing solutions, and value-added distribution services. The Company’s diversified business segments include Semiconductor Back-End Solutions and Industrial Electronics.
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